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The Directors of Boggust and Berlin Limited Are Currently Appraising

Question 29

Multiple Choice

The directors of Boggust and Berlin Limited are currently appraising a proposed investment in a machine.Relevant information is as follows The directors of Boggust and Berlin Limited are currently appraising a proposed investment in a machine.Relevant information is as follows   Which one of the following statements is correct? The payback period for the proposed investment is (to the nearest month) : A) 3 years and 7.4 months B) 2 years and 4.6 months C) 5 years D) 3 years and 4.6 months Which one of the following statements is correct?
The payback period for the proposed investment is (to the nearest month) :


A) 3 years and 7.4 months
B) 2 years and 4.6 months
C) 5 years
D) 3 years and 4.6 months

Correct Answer:

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