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Question 22 The Commerce Company is evaluating a project with the following cash flows: Year Cash Flow ($10,000) $ 3,000 $ 4,000 $ 4,000 $
Question 22 The Commerce Company is evaluating a project with the following cash flows: Year Cash Flow ($10,000) $ 3,000 $ 4,000 $ 4,000 $ 2.000 $ 6,000 Refer to the Exhibit, what is the discounted payback period of the proposed Commerce Company project if the WACC is 8%? 3.87 years 3.42 years 4 years 3.15 years
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