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The cash flows of a project are given below: Year Cash Flows 0 -16000.0 1 7370.0 2 7480.0 3 7990.0 The required return is 4.4

The cash flows of a project are given below: Year Cash Flows 0 -16000.0 1 7370.0 2 7480.0 3 7990.0 The required return is 4.4 percent. What is the discounted payback period for this project? Select one: a. 2.64 b. 1.98 c. 1.99 d. 2.03 e. 2.3

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