Multiple Choice
An investment with an initial cost of $16,000 produces cash flows of $5000 annually. If the cash flow is evenly spread out over the year and the firm can borrow at 10%, the discounted payback period is _____ years.
A) 4.55
B) 4.05
C) 3.20
D) 3.52
Correct Answer:
Verified
Correct Answer:
Verified
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