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Meta Platforms Inc (META) is considering an investment in the metaverse that cost $3609 million. Assume that a required rate of return of 4.95% and

Meta Platforms Inc (META) is considering an investment in the metaverse that cost $3609 million. Assume that a required rate of return of 4.95% and the following cash flow schedule:

Year 1: $1914 million

Year 2: $1530 million

Year 3: $1082 million

The metaverse projects payback period (PP) is closest to

A.

1.95 years.

B.

2.15 years.

C.

2.55 years.

D.

2.91 years.

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