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Question 5 (1 point) A firm is looking at a new project that costs $100,000 to start and has estimated the following future cash

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Question 5 (1 point) A firm is looking at a new project that costs $100,000 to start and has estimated the following future cash flows: Year 1: CF = $60,000 Year 2: CF = $70,000 Year 3: CF $90,000 The firm's required return on assets of this risk is 10%. What is the discounted payback period? 3.56 years 1.79 years 2.40 years 2.80 years Previous Page Next Page Page 5 of 15

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