Compute the discounted payback period for a project

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Compute the discounted payback period for a project with the following cash flows, if the company's discount rate is 12%.

Initial outlay = $450

Cash flows: Year 1 = $325

Year 2 = $65

Year 3 = $100

A) 3.43 years

B) 3.17 years

C) 2.88 years

D) 2.6 years

Reference no: EM13952170

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