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Please show all steps to the following question and select the correct answer A project has cash flows across time as follows: -190 (Year 0),
Please show all steps to the following question and select the correct answer
A project has cash flows across time as follows: -190 (Year 0), 20 (Year 1), 40 (Year 2), 60 (Year 3), 100 (Year 4), 150 (Year 5), 100 (Year 6), 30(Year 7). The projects payback is
A. | 3 years | |
B. | 4.107 years | |
C. | 3.700 years | |
D. | 3.293 years | |
E. | 4 years |
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