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PLEASE CALCULATE USING THE FINANCIAL CALCULATOR STEPS NOT THE EXCEL STEPS Q12. Chapter 9-12 12. Taggart Inc. is considering a project that has the following
PLEASE CALCULATE USING THE FINANCIAL CALCULATOR STEPS NOT THE EXCEL STEPS
Q12. Chapter 9-12
12. Taggart Inc. is considering a project that has the following cash flow data. What is the project's payback?
Year | 0 | 1 | 2 | 3 |
Cash flows | -$775 | $500 | $500 | $500 |
Group of answer choices
*1.55 years
*1.67 years
*1.44 years
*1.57 years
*1.52 years
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