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Redesign Inc. is considering a project that has the following cash flow data. (a) What is the project's payback period? (b) What is the project's
Redesign Inc. is considering a project that has the following cash flow data.
(a) What is the project's payback period?
(b) What is the project's discounted payback period?
Assume the cost of capital is 12%.
Year 0 1 2 3
Cash flows -$500 $200 $200 $200
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