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You found an investment that costs $5,000 and has the following cash flows: $1,500; $1,700; $2,000; $2,200; $2,500. You require 20% return on investment. What
You found an investment that costs $5,000 and has the following cash flows: $1,500; $1,700; $2,000; $2,200; $2,500. You require 20% return on investment. What is the Discounted Payback Period for this investment? Select one: a. 3 years b. 5 years c. 4 years d. 6 years
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