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Talent Inc. is considering a project that has the following cash flow data. (a) What is the project's payback period? (b) What is the project's

Talent Inc. is considering a project that has the following cash flow data. (a) What is the project's payback period? (b) What is the project's discounted payback period? Assume the cost of capital is 10%.

Year 0 1 2 3

Cash flows -$1,150 $500 $500 $600

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