Multiple Choice
Motor Sales is considering a project that costs $15,900 will produce cash inflows of $5,500 a year for 4 years.The project has a required rate of return of 11.25 percent.What is the discounted payback period?
A) 3) 70 years
B) 3) 91 years
C) 3) 82 years
D) 3) 64 years
E) Never
Correct Answer:
Verified
Correct Answer:
Verified
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