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A project has an initial cost of $1,000 and has yearly cashflows of: Year 1: $300 Year 2: $300 Year 3: $300 Year 4: $200

A project has an initial cost of $1,000 and has yearly cashflows of:

Year 1: $300

Year 2: $300

Year 3: $300

Year 4: $200

Year 5: $200

  1. What is the Payback Period?
  2. What is the Discount Payback Period if the discount rate is 10%?

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