Question: Consider the following project. Using Discounted Payback Period method (10% rate), how long will it take to recover the investment? Year 0 1 2 3

Consider the following project. Using Discounted Payback Period method (10% rate), how long will it take to recover the investment?

Year
0 1 2 3 4 5 6
Investment -3200
Profit 1100 1100 1100 1100 1100 1100

Question 15 options:

3.62 years

4.62 years

3.38 years

4.62 years

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