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Suppose a project that needs $9,000 investment has the following cash flows over 7 years: 1. 3,000 2. 3,000 3. 3,0000 4. 3,000 5. 3,000
Suppose a project that needs $9,000 investment has the following cash flows over 7 years: 1. 3,000 2. 3,000 3. 3,0000 4. 3,000 5. 3,000 6. 3,000 7. 3,000. The discount rate is 5% plase find the discounted payback period
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