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CF YR CF 0 -$20K 1 $5K 2 $5K 3 $5K 4 $7.5K 5 $7.5K What is the discounted payback period, if the required rate

CF

YR CF

0 -$20K

1 $5K

2 $5K

3 $5K

4 $7.5K

5 $7.5K

What is the discounted payback period, if the required rate of return is 6% p.a. with annual compounding?

Group of answer choices

4.12 years

3.67 years

3.88 years

4.34 years

None of the other answers is correct

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