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What is the discounted payback of an investment that requires a 10 percent minimum rate of return and has the following projected cash flows: Yr0
What is the discounted payback of an investment that requires a 10 percent minimum rate of return and has the following projected cash flows: Yr0 = -100, Yr1 = 25, Yr2 = 35, Yr3 = 45, Yr4 = 35, and Yr5 = 30? A) 2.83 years B) 4.32 years C) 3.60 years D) 5.21 years
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