Multiple Choice
A project has an initial cost of $47,500 and produces cash inflows of $21,200, $24,800, and $21,500 over the next three years, respectively. What is the discounted payback period if the required rate of return is 14 %?
A) 2.07 years
B) 2.13 years
C) 2.46 years
D) 2.68 years
E) 2.74 years
Correct Answer:
Verified
Correct Answer:
Verified
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