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The cash flows in year-1, year-2, year-3, and year-0 are $4,000, $3,000, $5,000, and -$8,000. Compute the discounted payback period if the required rate of

The cash flows in year-1, year-2, year-3, and year-0 are $4,000, $3,000, $5,000, and -$8,000. Compute the discounted payback period if the required rate of return is 10%. a. Between 2-3 years b. 2.50-years c. 2.20-years d. None of the above

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