A project has an initial cost of $8,500 and produces cash inflows of $2,600, $4,900, and $1,500 over the next three years, respectively.What is the discounted payback period if the required rate of return is 7%?
A)2.13 years
B)2.33 years
C)2.67 years
D)2.91 years
E)never

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The Answer of A project has an initial cost of $8,500 and produces cash inflows of $2,600, $4,900, and $1,500 over the next three years, respectively.What is the discounted payback period if the required rate of return is 7%?
A)2.13 years
B)2.33 years
C)2.67 years
D)2.91 years
E)never

A Project Has an Initial Cost of $8,500 and Produces