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4. Calculating Discounted Payback An investment project costs $13,500 and has annual cash flows of $3,900 for six years. What is the discounted payback period

4. Calculating Discounted Payback An investment project costs $13,500 and has annual cash flows of $3,900 for six years. What is the discounted payback period if the discount rate is 0 percent? What if the discount rate is 7 percent? If it is 21 percent?

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