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papahomer papahomer
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7 years ago
Nouvel An S.A. is considering a project that requires an initial investment of $51,000.  It is expected to produce annual cash flows of $35,000, $25,000 and $15,000.  What is the discounted payback period for this project if the discount rate is 12%?
A) approximately 1 year.
B) approximately 1.6 years.
C) approximately 2 years.
D) The project will never reach discounted payback.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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7 years ago
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papahomer Author
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7 years ago
Just got PERFECT on my quiz
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thanks for your help!!
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