Question: PLEASE ANSWER USING : 1 - EXCEL 2 - DISPLAY FUNCTIONS/CELLS USED AND PROVIDE ORGANIZED SOLUTION EXPLAINING ANSWER I WILL UPVOTE YOUR ANSWER 39) Your
39) Your firm is about to start a new project. The project has a cost of $85,000. The project is expected to generate free cash flows of $51,450 in year 1, $53,750 in year 2, $35,500 in year 3, $42,250 in year 4 and $47,500 in year five. The required rate of return on the project is 8.4% compounded annually. What is the discounted payback period? Option A -2.16 Option B - 1.82 Option C -2.44 Option D -1.94
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