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Question
Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?
r = 10.00%
Year 0 1 2 3 4
Cash flows -$950 $525 $485 $445 $405
a. 1.61 years
b. 1.79 years
c. 1.99 years
d. 2.22 years
e. 2.44 years
Answer
This answer is hidden. It contains 1 characters.
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