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uestion 15 CHAPTER 8: The cash flows associated with an investment project are as follows: Initial Outflow. $70,000 Year 1 Inflow: $20,000 Year 2 inflow:

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uestion 15 CHAPTER 8: The cash flows associated with an investment project are as follows: Initial Outflow. $70,000 Year 1 Inflow: $20,000 Year 2 inflow: $30,000 Year 3 Inflow: $30,000 Year 4 Inflow. $30,000 if a firm uses discounted payback with a 15% discount rate, and a 3 year cutoff period, what is the discount payback period of the project? Should the firm accept the project? 0 3.3 years: reject the project Ob.3.6 years: reject the project 3.6 years: accept the project d. 3.3 years: accept the project Moving to another question w ave this response O Type here to search

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