An investment project costs RM21,500 and has annual cash flows of RM4,200 for 6 years....
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Finance
An investment project costs RM21,500 and has annual cash flows of RM4,200 for 6 years. If the discount rate is 20 percent, what is the discounted payback period?
a.
5.40 years
b.
4.67 years
c.
never
d.
5.12 years
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