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What is the Discounted Pay Back of the following project if the required rate of return is 15%? The initial investment is $150,000 Years Cash

What is the Discounted Pay Back of the following project if the required rate of return is 15%? The initial investment is $150,000

Years

Cash Flows

0

-150,000

1

$30,000

2

$50,000

3

$90,000

4

$100,000

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