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Assuming a firms weighted average cost of capital is 12%, what is the payback period of the following project? Year Net Cash Flow Cumulative NCF
Assuming a firms weighted average cost of capital is 12%, what is the payback period of the following project?
Year Net Cash Flow Cumulative NCF
0 -$375,000
1 $150,000
2 $150,000
3 $250,000
Group of answer choices
2.30 years
2.20 years
2.25 years
2.40 years
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