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. . . You are reviewing a new project and have estimated the following cash flows: Year O: CF = $-150,000; Year 1: CF =

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. . . You are reviewing a new project and have estimated the following cash flows: Year O: CF = $-150,000; Year 1: CF = $60,000; Year 2: CF = $70,000; Year 3: CF = $60,000; Year 4: CF = $50,000 Your required return for assets of this risk level is 10%. What is the discounted payback period of this project

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