discounted payback period of produce
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A project has an initial cost of $8,500 and produces cash inflows of $2,600, $4,900, and $1,500 over the next three years, respectively. What is the discounted payback period if the required rate of return is 7%?
A. 2.13 years
B. 2.33 years
C. 2.67 years
D. 2.91 years
E. Never
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Payback period is the time taken to recover the initial investment. In discounted payback we discount the cash ...
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