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A project has a cash flow of ($1,327,500) at time 0, $280,000 in year 1, $310,000 in year 2, $466,000 in year 3, $320,000 in
A project has a cash flow of ($1,327,500) at time 0, $280,000 in year 1, $310,000 in year 2, $466,000 in year 3, $320,000 in year 4, and $539,000 in year 5. The company's cost of capital is is 11%. What is the discounted payback period for this project
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