Consider the following series of cash flows payback will be


Consider the following series of cash flows:

Cash Flow: -50 20 10 10 20 20

Time: 0 1 2 3 4 5

If you are using a 10% discount rate, which of the following is true?

Payback will be smaller than discounted payback

Payback will be larger than discounted payback

Payback and discounted payback will both be less than 0

Payback and discounted payback will be the same

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Financial Management: Consider the following series of cash flows payback will be
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