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5. An investment project cost $14,000 and has annual cash flows of $3,700 for six years. What is the discounted payback period if the discount

5. An investment project cost $14,000 and has annual cash flows of $3,700 for six years. What is the discounted payback period if the discount rate is zero percent?

What is the discount rate is 5 percent?

if it is 19 percent?

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