GuSont Inc

question 21

Multiple Choice

GuSont Inc.was considering an investment in the following project:
Assume that cash inflows occur evenly throughout the year.The estimated payback period in years (rounded to one decimal place) is:

• A)3.7 years.
• B)4.6 years.
• C)5.8 years.
• D)6.0 years.
• E)7.9 years.

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