firm with a 9 percent cost of capital is considering a project for this years...
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Accounting
firm with a 9 percent cost of capital is considering a project for this years capital budget. The projects expected after-tax cash flows are as follows: Year: 0 1 2 3 4 Cash flow: -$9,000 $3,000 $4,100 $4,400 $3,900 Calculate the projects discounted payback period.
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