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1 point Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $17,000, $15,000, $20,000, $17,000, and
1 point
Suppose a company had an initial investment of $45,000. The cash flow for the next five years are $17,000, $15,000, $20,000, $17,000, and $16,000, respectively. The interest rate is 9%.
What is the discounted payback period? (Enter only whole numbers)
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