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pmiller1129 pmiller1129
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5 months ago
Consider an investment opportunity that requires an initial cash outlay of $28,500 and provides cash flows of $8,500 in year 1, $10,000 in year 2, $11,500 in year 3, and $13,000 in year 4. The cost of capital is 12%. What is the discounted payback period of the project?

▸ 3.37 years

▸ 3.42 years

▸ 3.58 years

▸ 2.87 years
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
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alpha987alpha987
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5 months ago
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pmiller1129 Author
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5 months ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Just got PERFECT on my quiz
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