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 percent?
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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