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Sheinhardt Wig Company is considering a project that has the following cash flows: YEAR PROJECT CASH FLOW 0 $80,000 1 10,000 2 60,000 3 60,000
Sheinhardt Wig Company is considering a project that has the following cash flows:
YEAR | PROJECT CASH FLOW | |
0 | $80,000 | |
1 | 10,000 | |
2 | 60,000 | |
3 | 60,000 | |
4 | 45,000 | |
5 | 35,000 |
If the project's appropriate discount rate is 9 percent, what is the project's discounted payback period?
Can someone help with this question, please!
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