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Steve is involved in a project that will make cash inflows of $2,600 a year for 2 years. The project has a 12 percent required

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Steve is involved in a project that will make cash inflows of $2,600 a year for 2 years. The project has a 12 percent required rate of return and an initial cost of $3,500. What is the discounted payback period? O 1.76 years O 1.57 years O 1.86 years O 1.27 years This is a required

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