Question: Question 36 The information below describes a project with an initial cash outlay of $7,000 and a required return of 12%. Year; After-tax cash inflow

Question 36 The information below describes a project with an initial cash outlay of $7,000 and a required return of 12%. Year; After-tax cash inflow Year 1 ; $6,000 Year 2 ; $2,000 Year 3; $2,000 Year 4* $2,000 The discounted payback period of the project is: 2.78 years 2.57 years none of the proposed answers 2.15 years 2.03 years Moving to another question will save this response
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