Question: A project that costs $ 2 5 , 0 0 0 today will generate cash flows of $ 8 , 6 0 0 per year

A project that costs $25,000 today will generate cash flows of $8,600 per year for seven years. What is the project's patyback period?
Multiple Choice
3.00 years
2.42 years
2.91 years
34 years
722 smatre
A project that costs $ 2 5 , 0 0 0 today will

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