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You are analyzing a project and have prepared the following data. Assuming a required return of 6.50%. Year Cash flow 0 -$172,000 1 $36,200 2 $92,300 3 $39,000 4 $37,000 Determine the discounted payback.

You are analyzing a project and have prepared the following data. Assuming a required return of 6.50%. Year Cash flow 0 -$172,000 1 $36,200 2 $92,300 3 $39,000 4 $37,000 Determine the discounted payback.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You are analyzing a project and have prepared the following data. Assuming a required return of 6.50%. Year Cash flow 0 -$172,000 1 $36,200 2 $92,300 3 $39,000 4 $37,000 Determine the discounted payback.
Transcribed Image Text:You are analyzing a project and have prepared the following data. Assuming a required return of 6.50%. Year Cash flow 0 -$172,000 1 $36,200 2 $92,300 3 $39,000 4 $37,000 Determine the discounted payback.
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