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A project which requires an initial investment OMR 20,000 is evaluated the following table using its Cash Inflows and proposed discount rate: Discount Discounted Cumulative

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A project which requires an initial investment OMR 20,000 is evaluated the following table using its Cash Inflows and proposed discount rate: Discount Discounted Cumulative Year Project Rate @ 10% Cash Flows DCIF 1 10,000 + (1.1^1) 9,091 9,091 2 10,000 +(1.1^2) 8,264 17,355 3 10,000 + (1.143) 7,513 24,869 4 10,000 + (1.144) 6,830 31,699 Calculate the Discounted Payback Period with the above information. Select one: O A. 2 Years 4.22 Months O B.2 Years only C. 3 Years D. 2 Year 6.24 Months

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