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A project has the following cash flows: Year 01234 Project Cash Flows -$4,893.00 $2,242.00 $2,242.00 $2,242.00 $2,242.00 Its cost of capital is 9.8 percent. What is the project's discounted payback period? O 2.29 years 1.69 years O1.99 years O2.89 years O 2.59 years 1 pts

A project has the following cash flows: Year 01234 Project Cash Flows -$4,893.00 $2,242.00 $2,242.00 $2,242.00 $2,242.00 Its cost of capital is 9.8 percent. What is the project's discounted payback period? O 2.29 years 1.69 years O1.99 years O2.89 years O 2.59 years 1 pts

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A project has the following cash flows: Year 01234 Project Cash Flows -$4,893.00 $2,242.00 $2,242.00 $2,242.00 $2,242.00 Its cost of capital is 9.8 percent. What is the project's discounted payback period? O 2.29 years 1.69 years O1.99 years O2.89 years O 2.59 years 1 pts
Transcribed Image Text:A project has the following cash flows: Year 01234 Project Cash Flows -$4,893.00 $2,242.00 $2,242.00 $2,242.00 $2,242.00 Its cost of capital is 9.8 percent. What is the project's discounted payback period? O 2.29 years 1.69 years O1.99 years O2.89 years O 2.59 years 1 pts
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