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Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return (WACC) of

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Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return (WACC) of 8%: Initial Outlay = $100 Cash Flows: Year 1 = $50 Year 2 = $50 Year 3 = $60

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