Question: Question 30 2. pus DYI Construction Co. is considering a new inventory system that will cost $700,000. The system is expected to generate positive cash

Question 30 2. pus DYI Construction Co. is considering a new inventory system that will cost $700,000. The system is expected to generate positive cash flows over the next four years in the amounts of $250,000 in year one, $225,000 in year two, $150,000 in year three, and $180,000 in year four. Dyl's required rate of return is 8%. What is the payback period of this project? 4.00 years 3.42 years 3.91 years 2.50 years Next Previous

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