A project has an initial cost of $8,500 and produces cash inflows of $2,700,$4,800,and $1,600 over the next three years,respectively.What is the discounted payback period if the required rate of return is 8%?
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 $2,700,$4,800,and $1,600 over the next three years,respectively.What is the discounted payback period if the required rate of return is 8%?
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