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Year Expected net cash flows 0 -90 1 60 2 40 3 20 The project's cost of capital is 10%. What is the project's payback
Year | Expected net cash flows |
0 | -90 |
1 | 60 |
2 | 40 |
3 | 20 |
The project's cost of capital is 10%.
What is the project's payback period?
A) 1.7 years
B) 1.2 years
C) 3 years
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