Homer is considering a project with cash inflows of $950 a year for Years 1 to 4,respectively.The project has a required discount rate of 11 percent and an initial cost of $2,100.What is the discounted payback period?
A)3.05 years
B)2.68 years
C)3.39 years
D)2.21 years
E)Never

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The Answer of Homer is considering a project with cash inflows of $950 a year for Years 1 to 4,respectively.The project has a required discount rate of 11 percent and an initial cost of $2,100.What is the discounted payback period?
A)3.05 years
B)2.68 years
C)3.39 years
D)2.21 years
E)Never

Homer Is Considering a Project with Cash Inflows of $950