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10 A project has the following cash flows: Year 0 1 234 Project Cash Flows -$5,987.00 $2,456.00 $2,456.00 $2,456.00 $2,456.00 Its cost of capital is 10 percent. What is the project's discounted payback period? O 3.23 years 2.33 years 2.93 years 3.53 years 2.63 years

10 A project has the following cash flows: Year 0 1 234 Project Cash Flows -$5,987.00 $2,456.00 $2,456.00 $2,456.00 $2,456.00 Its cost of capital is 10 percent. What is the project's discounted payback period? O 3.23 years 2.33 years 2.93 years 3.53 years 2.63 years

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
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10 A project has the following cash flows: Year 0 1 234 Project Cash Flows -$5,987.00 $2,456.00 $2,456.00 $2,456.00 $2,456.00 Its cost of capital is 10 percent. What is the project's discounted payback period? O 3.23 years 2.33 years 2.93 years 3.53 years 2.63 years
Transcribed Image Text:10 A project has the following cash flows: Year 0 1 234 Project Cash Flows -$5,987.00 $2,456.00 $2,456.00 $2,456.00 $2,456.00 Its cost of capital is 10 percent. What is the project's discounted payback period? O 3.23 years 2.33 years 2.93 years 3.53 years 2.63 years
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