An investment project has an initial cost of $382 and cash flows $105,$130,$150,and $150 for Years 1 to 4,respectively.The cost of capital is 9 percent.What is the discounted payback period?
A)2.76 years
B)3.57 years
C)3.42 years
D)3.68 years
E)2.92 years

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The Answer of An investment project has an initial cost of $382 and cash flows $105,$130,$150,and $150 for Years 1 to 4,respectively.The cost of capital is 9 percent.What is the discounted payback period?
A)2.76 years
B)3.57 years
C)3.42 years
D)3.68 years
E)2.92 years

An Investment Project Has an Initial Cost of $382 and Cash