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You are considering a project. The initial cost of the project investment is $12,000 and the expected cash inflows for the upcoming four years are $4,000, $6,000, $8,000, and $10,000. If your required

You are considering a project. The initial cost of the project investment is $12,000 and the expected cash inflows for the upcoming four years are $4,000, $6,000, $8,000, and $10,000. If your required rate of return were 10%, what would be your discounted payback period?

Apr 12 2021 View more View Less

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