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A firm is considering a project that has the following cash flows: 0 ($115,000) 1 $40,000 2 $60,000 3 $50,000 4 $78,000 If the appropriate

A firm is considering a project that has the following cash flows:

0 ($115,000)

1 $40,000

2 $60,000

3 $50,000

4 $78,000

If the appropriate interest rate is 10%, what is the projects discounted payback period?

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