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Amir is planning to invest in a project that has an initial cost of $23,800 and expected cash inflows of $9,600, $11,700, and $7,600

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Amir is planning to invest in a project that has an initial cost of $23,800 and expected cash inflows of $9,600, $11,700, and $7,600 over Years 1 to 3, respectively. What is the discounted payback period if the required rate of return is 7.1 percent? 2.05 years Never O2.59 years O2.75 years O2.89 years

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