Consider the following project:
If the cash flows are received uniformly throughout the year, the discounted payback period for this project is closest to:
A) 2 years
B) 2 years and 5 months
C) 2 years and 6 months
D) 2 years and 7 months
E) 3 years
Correct Answer:
Verified
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A)
Initial outlay = $15
Initial outlay =
