1.30 years

12.5 points 0329-53 An investment project has annual cash inflows of $6,300, $7,400, $8,200, and $9,500, and a discount rate of 19 percent. Required: What is the discounted payback period for these cash flows if the initial cost is $9,500? (Do not round your intermediate calculations.) Multiple Choice O O O 3.60 years 1.80 years 0.80 years 2.55 years