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The information below describes a project with an initial cash outlay of $7.000 and a required return of 12%. Year: After-tax cash inflow Year 1:

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The information below describes a project with an initial cash outlay of $7.000 and a required return of 12%. Year: After-tax cash inflow Year 1: 56.000 Year 2:52.000 Year 3: $2.000 Vear 4:52.000 The discounted payback period of the project is: 2.57 years 2.03 years none of the proposed answers 2.15 years 2.75 years

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