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A Project Has an Initial Cost of £8,500 and Produces

Question 82

Multiple Choice

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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