Question: b) You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000

b) You are a real estate agent thinking of placing a sign advertising your services at a local bus stop. The sign will cost $10,000 and will be posted for one year. You expect it will generate additional revenue of $1500 per month. [3 marks] What is the payback period? What is the discounted payback period if the discount rate is 1% per month

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