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Scott is considering a project that will produce cash inflows of $6,100 a year for 3 years. The project has required rate of return of
Scott is considering a project that will produce cash inflows of $6,100 a year for 3 years. The project has required rate of return of 14 percent and an initial cost of $16,000. What is the discounted payback period? 0.91 years 226 years never 247 years 1.39 years
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