Multiple Choice
A company is considering a 5-year project with an initial investment of $90,000.Cash inflows will be $30,000 for the first two years and $25,000 for the next 3 years.If the company's required rate of return is 12%, determine its discounted payback.
A) 3.40 years
B) 3.60 years
C) 3.80 years
D) 4.00 years
Correct Answer:

Verified
Correct Answer:
Verified
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