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Using financial calculator Return to TB MC Qu. 09-71 A project has an initial cost... A project has an initial cost of $18,400 and expected

Using financial calculator

Return to TB MC Qu. 09-71 A project has an initial cost... A project has an initial cost of $18,400 and expected cash inflows of $7.200. $8,900, and $7.500 over Years 1 to 3, respectively. What is the discounted payback period if the required rate of return is 11.2 percent? Multiple Choice 2.31 yeors 245 years

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