Question: Dobson Enterprises is considering a project that is expected to cost $925 today and produce cash flows of $525 (year one), $485 (year two), $445

 Dobson Enterprises is considering a project that is expected to cost

Dobson Enterprises is considering a project that is expected to cost $925 today and produce cash flows of $525 (year one), $485 (year two), $445 (year three), and $405 (year four). What is the project's discounted payback if the WACC is 12%? 2.40 Years 2.22 Years 0 2.14 Years 0 1.86 Years 0 1.95 Years

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