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An investment project has annual cash inflows of $5,000, $6,100, $6,900, and $8,200, and a discount rate of 17 percent. What is the discounted payback
An investment project has annual cash inflows of $5,000, $6,100, $6,900, and $8,200, and a discount rate of 17 percent.
What is the discounted payback period for these cash flows if the initial cost is $8,000? (Do not round your intermediate calculations.) |
I keep getting 1.16? not an option, however I can't find the mistake
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