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Masulis Inc is considering a project that has the following cash flow and WACC data. What is the projects discounted payback?
WACC- 10.00%
Year 0 1 2 3 4
Cash flows -$700 $525 $485 $445 $405
A-1.57
B- 1.56
C- 1.38
D.-1.48
E-1.54
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