Question: Question 12 (7 points) Reynolds Bikes is considering a project that has the following cash flow and a WACC of 10%. What is the project's

 Question 12 (7 points) Reynolds Bikes is considering a project that

Question 12 (7 points) Reynolds Bikes is considering a project that has the following cash flow and a WACC of 10%. What is the project's discounted payback? Year: Cash flows: 0 -$1,000 -$1,000 1 $500 2 $500 3 $500 4 $500 235 years 03.17 years 2 84 years 2 years 2.11 years Previous Dan NA Dage 4 of 5

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