Multiple Choice
A project manager is using the payback method to make the final decision on which project to undertake.The company has a 10% required rate of return and expects a 4% rate of inflation for the following five years.What is the discounted payback of a project that has cash flows as shown in the table? 
A) 3.4 years
B) 2.6 years
C) 5.0 years
D) 4.2 years
Correct Answer:
Verified
Correct Answer:
Verified
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