Determine its discounted payback

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Question - ABC Ltd. is considering a 7-year, $350,000 project with annual cash flows of $100,000. If the company's required return is 11%, determine its discounted payback.

a. 4.67 years

b. 3.53 years

c. 4 years

d. 3.97 years

Reference no: EM133029491

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