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Pawnee Parks and Recreation Department is considering a project with the following expected cash flows: Year Projected Cash Flow 0 -$700 million 1 $200 million
Pawnee Parks and Recreation Department is considering a project with the following expected cash flows:
Year | Projected Cash Flow |
0 | -$700 million |
1 | $200 million |
2 | $370 million |
3 | $225 million |
4 | $700 million |
The projects WACC is 10%. What is the projects discounted payback?
A) 3.15 years
B) 3.09 years
C) 4.09 years
D) 2.58 years
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