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You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000 and

You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000 and will be posted for one year. You expect it will generate additional revenue of $1500 per month.

c) What is the payback period?

a) What is the discounted payback period if the discount rate is 1% per month?

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