A Project Has an Initial Cost of $10,800 and Produces

question 1

Multiple Choice

A project has an initial cost of $10,800 and produces cash inflows of $4,100,$4,800,and $5,600 over Years 1 to 3,respectively.What is the discounted payback period if the required rate of return is 11 percent?

• A)2.13 years
• B)2.34 years
• C)2.78 years
• D)2.91 years
• E)Never

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Definitions:

Ethical Theory

Philosophical reasoning that guides individuals in determining what is morally right and wrong in human conduct.

Co-payment Fees

Charges that patients pay out of pocket for a portion of their medical services or prescriptions, in addition to what their insurance covers.

Utilitarianism

A moral theory that advocates for actions that maximize happiness or well-being for the greatest number of people.

Ethical Theory

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior, focusing on moral principles and values.