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Polk Products is considering an investment project with the following cash flows: Year Cash Flow ($100,000) 40,000 90,000 30,000 60,000 4 The company has a
Polk Products is considering an investment project with the following cash flows: Year Cash Flow ($100,000) 40,000 90,000 30,000 60,000 4 The company has a 10 percent cost of capital. What is the project's discounted payback? Show your calculations? 1.67 years 1.86 years 2.11 years 2.49 years 2.67 years C
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