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Question 5 4 pts 5. Daffodil Technologies is considering a project with the after-tax cash flows below. If the initial outlay is $1,500,000, what is

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Question 5 4 pts 5. Daffodil Technologies is considering a project with the after-tax cash flows below. If the initial outlay is $1,500,000, what is the payback period of this project? End of Year 1 2 After tax cash flow $200,000 $600,000 $600,000 $400,000 $500,000 3 4 5 a. 3.00 years b.3.25 years O c.3.75 years d. 5.00 years

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