What is the discounted payback period
Question: Yancy is considering a project which will produce cash inflows of $900 a year for 4 years. The project has a 9 percent required rate of return and an initial cost of $2,800. What is the discounted payback period?
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The project has a 9 percent required rate of return and an initial cost of $2,800. What is the discounted payback period?
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