The cash flow for a project is as shown in the table. The discount rate is 8 per cent. 
What is the payback and discounted payback of the project?
A) Payback in 4 years and discounted payback in 2 years
B) Payback in 4 years and discounted payback in 3 years
C) Payback in 5 years and discounted payback in 4 years
D) Payback in 4 years and discounted payback in 5 years
Correct Answer:
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