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7. An investment project costs $14,800 and has annual cash flows of $4,100 for six years. a. What is the discounted payback period if the
7.
An investment project costs $14,800 and has annual cash flows of $4,100 for six years. a. What is the discounted payback period if the discount rate is zero percent? b. What is the discounted payback period if the discount rate is 6 percent? c. What is the discounted payback period if the discount rate is 19 percentStep by Step Solution
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