Multiple Choice
If the cash flows for project Z are C0 = -1,000; C1 = 600; C2 = 720; and C3 = 2,000, calculate the discounted payback period for the project at a discount rate of 20 percent.
A) 1 year
B) 2 years
C) 3 years
D) >3 years
Correct Answer:

Verified
Correct Answer:
Verified
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