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Let us consider the same investment whose cost and expected cash flows are given in Question 1 using discounted payback period. What is the exact

Let us consider the same investment whose cost and expected cash flows are given in Question 1 using discounted payback period.

What is the exact payback period of that investment according to the discounted payback method if the relevant discount rate for that investment is 14%
Should the firm accept or reject this investment if the desired payback period of the investment is 3 years.

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