A Project Has an Initial Cost of $12,300 and Produces

question 45

Multiple Choice

A project has an initial cost of $12,300 and produces cash inflows of $5,200,$5,300,and $4,800 over Years 1 to 3,respectively.What is the discounted payback period if the required rate of return is 12 percent?

• A)2)13 years
• B)2)34 years
• C)2)78 years
• D)2)91 years
• E)Never

---

Definitions:

Apprenticeships

Work-based training programs where individuals learn a trade or profession through hands-on experience under the supervision of skilled workers.

Arbitrary State

A largely theoretical or generalized condition that may not have a concrete or universally agreed-upon definition across contexts.

Puberty Rites

Traditional ceremonies that mark the transition from childhood to adulthood.

Sexual Maturity

The stage in an organism's life cycle when it becomes capable of reproductive activity.