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A project has an initial cash outflow of $1,150 and cash inflows of $325 per year for 4 years. What is the discounted payback period

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A project has an initial cash outflow of $1,150 and cash inflows of $325 per year for 4 years. What is the discounted payback period at a discount rate of 9.3 percent? Multiple Choice Never 3.87 years 2.94 years 3.56 years

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