Multiple Choice
Shannon Co.is considering a project that has the following cash flow and cost of capital (r) data.What is the project's discounted payback?
R =
10) 00%
Year
0
1
2
3
4
Cash flows
−$950
$525
$485
$445
$405
A) 1.61 years
B) 1.79 years
C) 1.99 years
D) 2.22 years
E) 2.44 years
Correct Answer:
Verified
Correct Answer:
Verified
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