A Project Has an Initial Cost of £8,500 and Produces

question 82

Multiple Choice

A project has an initial cost of £8,500 and produces cash inflows of £2,600, £4,900,and £1,500 over the next three years, respectively.What is the discounted payback period if the required rate of
Return is 7%?

• A)2.13 years.
• B)2.33 years.
• C)2.67 years.
• D)2.91 years.
• E)never.

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