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Your company's policy is to use the discounted payback method to select a project. The required rate of return in the company is 10% and

Your company's policy is to use the discounted payback method to select a project. The required rate of return in the company is 10% and they expect an annual 4% rate of inflation for the following five years. What is the discounted payback for a project that has the following cash flow? Year Cash Flow 0 -$100,000 1 $20,000 2 $50,000 3 $50,000 4 $25,000

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