2026Process ControlProfitability, Alternative Investments, and ReplacementshardMCQ2 Marks
In a certain project, 15%15\% of the total investment is the working capital. The minimum acceptable rate of return is 4.95%4.95\% and the period of evaluation is 15 years15 \text{ years}. Which one of the following is the maximum acceptable project payback period (in years)?
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