A project has an initial cost of $ 4 0 , 0 0 0 , expected net

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Question:

A project has an initial cost of $

40, 000,

expected net cash inflows of $

9, 000

per year for

7

years, and a cost of capital of

11 % .

What is the project's discounted payback period?

(

Hint: Begin by constructing a time line.

)

Do not round intermediate calculations. Round your answer to two decimal places.

Posted Date: May 18, 2024 06:08 PM

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A project has an initial cost of $ 4 0 , 0 0 0 , expected net

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