Question: Please answer quickly for thumbs up Question 19 2 pts Strange Manufacturing Company is purchasing a production facility at a cost of $21 million. The

Please answer quickly for thumbs up Question 19 2 pts Strange

Please answer quickly for thumbs up

Question 19 2 pts Strange Manufacturing Company is purchasing a production facility at a cost of $21 million. The company expects the project to generate annual cash flows of $7 million over the next five years. Its cost of capital is 18 per cent. What is the discounted payback period for this project? 3.9 years 4.3 years 5.1 years 4.7 years

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