Question: Please solve this question not using Excel. Answer is 2 years so please check your answer before you upload it 20. Given the following cash

 Please solve this question not using Excel. Answer is 2 years

Please solve this question not using Excel. Answer is 2 years so please check your answer before you upload it

20. Given the following cash flows for project Z: Co =-1,000, C1 = 600, C2 = 720 and C3 = 2000, calculate the discounted payback period for the project at a discount rate of 20%. A. 1 year B. 2 years C. 3 years D. None of the above

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