Question: Geelong Ltd. is evaluating a project based on the discounted payback method. The project has a cost of $106,200. Net cash inflows of this project

Geelong Ltd. is evaluating a project based on the discounted payback method. The project has a cost of $106,200. Net cash inflows of this project over the next four years are given in the following table. if the company uses a discount rate of 9.2%, what is the discounted payback period (in years) of this project? Year Project A 1 $30,000 2 $32,500 3 $35,600 4 $75,500

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