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Assuming an appropriate discount rate of 11 percent, what is the discounted payback period on a project with an initial outlay of $110,000 and the
Assuming an appropriate discount rate of 11 percent, what is the discounted payback period on a project with an initial outlay of $110,000 and the following cash flows,
Year | Project Cash Flow |
0 | -110,000 |
1 | 35,000 |
2 | 20,000 |
3 | 40,000 |
4 | 40,000 |
5 | 40,000 |
6 | 40,000 |
What is the projects discounted payback period?
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