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Business, 30.07.2021 02:50 robertjoy19

Homer is considering a project with cash inflows of $950 a year for Years 1 to 4, respectively. The project has a required discount rate of 11 percent and an initial cost of $2,100. What is the discounted payback period? 1) 3.05 years
2) 2.68 years
3) 3.39 years
4) 2.21 years and,
5) never

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Homer is considering a project with cash inflows of $950 a year for Years 1 to 4, respectively. The...
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