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Kipish [7]
3 years ago
9

A project has an initial cost of $18,400 and is expected to produce cash inflows of $7,200, $8,900, and $7,500 over the next thr

ee years, respectively. What is the discounted payback period if the required rate of return is 12 percent?

Business
1 answer:
garri49 [273]3 years ago
7 0

Answer: 2.91 years

Explanation:

The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.

Please check the attached image for the table explaining how the answer was gotten.

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Question 2 of 10
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Answer:

C.

Explanation:

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2 years ago
If a store sells a good at the market price, even though the government authorities have set the minimum price that can be charg
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4 0
3 years ago
A 300 kg dragster accelerates from the rest to the final speed of 120 m/s in 400 m (about a quarter of a mile) and encounters an
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3 years ago
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