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PLEASE HELP ASAP!!! WILL LIKE ANE UPVOTE. I've attempted to solve this problem several times - i just keep getting stuck. please solve correctly and
PLEASE HELP ASAP!!! WILL LIKE ANE UPVOTE.
Bensington Glass Co, is considering the expansion of it spandrel glass business line. They plan to convert an unused space of their warehouse into additional manufacturing space. They estimate the initial investment will be $9,050,000 and expect the new production to create additional cash flows of $4,165,000 in year's one through ten. If Bensington Glass uses a discount rate of 19%, what is the project's discounted payback period? 3.14 2.08 3.00 3.07 I've attempted to solve this problem several times - i just keep getting stuck. please solve correctly and show clear, simple, work/steps.
Thank you very much!
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