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QUESTION 4 An investment project costs $21,500 and has annual cash flows of $6,500 for 6 years. If the discount rate is 15 percent, what
QUESTION 4
An investment project costs $21,500 and has annual cash flows of $6,500 for 6 years. If the discount rate is 15 percent, what is the discounted payback period?
4.41 years | ||
4.91 years | ||
5.12 years | ||
5.40 years | ||
never |
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