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Business, 22.11.2019 22:31 taylahflynn5123

The initial outlay or cost for a four-year project is $1,000,000. the respective cash inflows for years 1, 2, 3 and 4 are: $500,000, $300,000, $300,000 and $300,000. what is the discounted payback period if the discount rate is 10%?
a. about 3.67 years.
b. about 3.35 years.
c. about 4.50 years.
d. about 2.67 years.

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