Question: 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

 The information below describes a project with an initial cash outlay

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: none of the proposed answers O 2.78 years 2.15 years O 2.03 years O 2.57 years

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