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Dobson Enterprises is considering a project that is expected to cost $925 today and produce cash flows of $525 (year one), $485 (year two), $445
Dobson Enterprises is considering a project that is expected to cost $925 today and produce cash flows of $525 (year one), $485 (year two), $445 (year three), and $405 (year four). What is the project's discounted payback if the WACC is 10%? A) 2.40 years B) 2.14 years C) 2.25 years D) 1.95 years E) 1.86 years
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