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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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