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What is the Discounted Payback Period for the following project if the appropriate discount rate is 6%?
Year Net Cash Flow
- 250,000
1 100,000
2 120,000
3 75,000
4 50,000
A. 2.40 years
B. 1.38 years
C. 2.78 years
D. 3.14 years
E. None of the answers
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