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In the formula, P4 = Dy/(R - g), the dividend is for period: Answer: An investment project has an initial cost of $382 and cash

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In the formula, P4 = Dy/(R - g), the dividend is for period: Answer: An investment project has an initial cost of $382 and cash flows $105. $130, $150, and $150 for Years 1 to 4, respectively. The cost of capital is 9 percent. What is the discounted payback period (Years)? Answers

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