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Business, 15.04.2020 00:41 maddielr17

Blanchford Enterprises is considering a project that has the following cash flow and cost of capital of 10%. What is the project's discounted payback?
Year: Cash flows:
0 $1,000
1 $500
2 $500
3 $500
a. 2.01 years
b. 2.35 years
c. 2.65 years
d. 2.84 years
e. 3.17 years

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