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Question 14 (1 point) Consider the following four-year project. The initial outlay or cost is $180,000. The respective cash inflows for years 1, 2, 3

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Question 14 (1 point) Consider the following four-year project. The initial outlay or cost is $180,000. The respective cash inflows for years 1, 2, 3 and 4 are: $100,000, $80,000, $80,000 and $20,000. What is the discounted payback period if the discount rate is 11%? About 2.427 years About 1.667 years About 2.000 years About 2.135 years

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