Question: Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment

 Consider the following scenario (the given information is the same as

Consider the following scenario (the given information is the same as in the previous question): Suppose we have a project that requires an initial investment of $1,000. It will provide the cash inflows of $500 in year 1, $300 in year 2, $100 in year 3. and $20 each year hereafter. The required rate of return is 10% for this project. The discounted payback period for this project is years, A) 10 B) 6 OC) 8 D) The project never pays back on a discounted basis

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