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PLEASE ANSWER EVERY PART!!!! QUESTION 11 6.67 points Save Answ A company is considering a project that will cost $150,000. The project will generate positive
PLEASE ANSWER EVERY PART!!!!
QUESTION 11 6.67 points Save Answ A company is considering a project that will cost $150,000. The project will generate positive cash flows over the next five years in the amounts of $50,000 in year one, $75,000 in year two $75,000 in year three, and $75,000 in year four and $50,000 in year five. The required rate of return is 10%. What is the payback period of this project? 2.33 years 1.85 years 2.86 years 3 years None of the answers given is correct
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