An investment project costs $15,500 and has annual cash flows of $4,400 for six years. What is

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An investment project costs $15,500 and has annual cash flows of $4,400 for six years. What is the discounted payback period if the discount rate is 0 percent? What if the discount rate is 7 percent? If     it is 21 percent?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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