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Question
Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%.Initial Outlay = $100
| Cash Flows: | Year 1 = $40 |
| Year 2 = $50 | |
| Year 3 = $60 |
A) 2.10 years
B) 2.21 years
C) 2.33 years
D) 3.00 years
Answer
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