MC Qu. 78 A project has an initial cost of $icos... merp Save & Sub A project has an initial cost of $8,700 and produces cash Inflows of $2,600, $5100, and $1,600 over the next three years, respectively. What is the discounted payback period If the required rate of return is 7 percent? Multiple Choice 2.28 years never 2.94 years 2.15 years 262 years MU Wu. 7 A project has an initial cost of $icos... A project has an initial cost of $8,500 and produces cash Inflows of $2,700, $4,900 and $1700 over the next three years, respectively. What is the discounted payback period if the required rate of return is 7 percent? Multiple Choice 21 years 296 years 2 30 years o meer 2.53 years