Motor Sales Is Considering a Project That Costs $15,900 Will

question 32

Multiple Choice

Motor Sales is considering a project that costs $15,900 will produce cash inflows of $5,500 a year for 4 years.The project has a required rate of return of 11.25 percent.What is the discounted payback period?

• A)3)70 years
• B)3)91 years
• C)3)82 years
• D)3)64 years
• E)Never

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