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Lloyd Enterprises has a project which has the following cash flows: Year Cash Flow 0 -$200,000 1 50,000 2 100,000 3 150,000 4 40,000 5
Lloyd Enterprises has a project which has the following cash flows:
Year Cash Flow
0 -$200,000 1 50,000 2 100,000 3 150,000 4 40,000 5 25,000
The cost of capital is 10 percent. What is the project's discounted payback?
A. Sometime in the first year |
B. Sometime in the second year |
C. Sometime in the third year |
D. Sometime in the fourth year |
E. Sometime in the fifth year |
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