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Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment

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Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1, $300 in year 2, $100 in year 3. and $20 each year hereafter. The required rate of return is 10% for this project. The discounted payback period for this project is years, A) 10 B) 6 OC) 8 D) The project never pays back on a discounted basis

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