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The Initial Outlay or Cost for a Four-Year Project Is

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The initial outlay or cost for a four-year project is $1,000,000.The respective cash inflows for years 1,2,3 and 4 are: $500,000,$300,000,$300,000 and $300,000.What is the discounted payback period if the discount rate is 10%?

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Definitions:

Malignant Cyst

A type of growth or tumor that can invade surrounding tissues and spread to other parts of the body, considered cancerous.

Benign Cyst

A non-cancerous cyst that is generally not life-threatening and can occur in various parts of the body, often not requiring removal unless it causes discomfort.

Diagnostic Test

A procedure used to identify the presence or absence of a condition, disease, or other biological marker.

Malignant Cyst

A cyst that contains cancerous cells; often requires medical intervention to prevent the spread of cancer.

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