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An investment project provides cash inflows of $650 per year for 10 years. ...

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Finance

An investment project provides cash inflows of $650 per year for 10 years.
a. What is the project payback period if the initial cost is $2,600?
  • 4.00 years
  • 4.04 years
  • 3.80 years
  • 3.88 years
  • 4.08 years
b. What is the project payback period if the initial cost is $3,705?
  • 5.70 years
  • 5.76 years
  • 5.42 years
  • 5.81 years
  • 5.53 years
c. What is the project payback period if the initial cost is $7,150?
  • 3.01 years
  • Never
  • 4.95 years
  • 5.25 years
  • 1.35 years

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