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Bill plans to open a do - it - yourself dog bathing center in a storefront. The bathing equipment will cost $ 1 5 0
Bill plans to open a doityourself dog bathing center in a storefront. The bathing equipment will cost $ Bill expects the aftertax cash inflows to be $ annually for seven years, after which he plans to scrap the equipment and retire to the beaches of Jamaica. Assume the required return is What is the project's discounted payback period nearest year
Select one:
a
seven years
b
five years
c
three years
d
six years
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