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    Exam 5: Net Present Value and Other Investment Rules
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    A Project Has an Initial Cost of $2,100
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A Project Has an Initial Cost of $2,100

Question 17

Question 17

Multiple Choice

A project has an initial cost of $2,100. The cash inflows are $0,$500,$900,and $700 over the next four years,respectively. What is the payback period?


A) 1 years
B) 2 years
C) 3 years
D) 4 years
E) never

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