Multiple Choice
Scott is considering a project that will produce cash inflows of $2,100 a year for 4 years.The project has a 12 percent required rate of return and an initial cost of $6,000.What is the discounted payback period?
A) 3.72 years
B) 3.91 years
C) 4.26 years
D) 4.38 years
E) never
Correct Answer:
Verified
Correct Answer:
Verified
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