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You are considering investing $1000 in abusiness that has the following cash flows and a discount rate equal to 10percent.What is the discounted payback?About 4 yearsAbout 3.1 yearsAbout 2.6 yearsAbout 2 yearsLess than 2 years

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You are considering investing $1000 in abusiness that has the following cash flows and a discount rate equal to 10percent.What is the discounted payback?About 4 yearsAbout 3.1 yearsAbout 2.6 yearsAbout 2 yearsLess than 2 years

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