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Problem:

Scott is considering a project that will produce cash inflows of $2,100 a year for 4 years. The project has a 12 percent required rate of return and an initial cost of $6,000.

Required:

Question: What is the discounted payback period?

Note: Show all workings.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170718

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