A project has an initial cost of $10,600 and produces cash inflows of $3,700,$4,900,and $2,500 for Years 1 to 3,respectively.What is the discounted payback period if the required rate of return is 7.5 percent?
A)2.65 years
B)2.78 years
C)2.94 years
D)2.88 years
E)Never

Question

Quizplus · Accepted Answer

The Answer of A project has an initial cost of $10,600 and produces cash inflows of $3,700,$4,900,and $2,500 for Years 1 to 3,respectively.What is the discounted payback period if the required rate of return is 7.5 percent?
A)2.65 years
B)2.78 years
C)2.94 years
D)2.88 years
E)Never

A Project Has an Initial Cost of $10,600 and Produces