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A Project Has an Initial Cost of £1,900

Question 25

Multiple Choice

A project has an initial cost of £1,900.The cash inflows are £0, £500, £900, and £700 over the next four years, respectively.What is the payback period?


A) 2.71 years.
B) 2.98 years.
C) 3.11 years.
D) 3.71 years.
E) None of the above.

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