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2. Calculating Discounted Payback An investment project has annual cash inflows of $4,200, $5,300, $6,100, and $7,400 for the next four years, respectively, and
2. Calculating Discounted Payback An investment project has annual cash inflows of $4,200, $5,300, $6,100, and $7,400 for the next four years, respectively, and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost is $7,000? What if the initial cost is $10,000? What if it is $13,000?
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