Multiple Choice
Yancy is considering a project which will produce cash inflows of $900 a year for 4 years.The project has a 9% required rate of return and an initial cost of $2,800.What is the discounted payback period?
A) 3.11 years
B) 3.18 years
C) 3.82 years
D) 4.18 years
E) Never
Correct Answer:

Verified
Correct Answer:
Verified
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