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Moon Enterprises has a project which has the following cash flows: Year Cash Flow 0 -$500,000 1 150,000 2 200,000 3 350,000 4 140,000 5

Moon Enterprises has a project which has the following cash flows:

Year

Cash Flow

0

-$500,000

1

150,000

2

200,000

3

350,000

4

140,000

5

225,000

The cost of capital is 14 percent. What is the project'sdiscounted payback?

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