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A project has an initial cost of $ 3 0 0 , 0 0 0 and produces cash inflows of $ 8 6 , 0

A project has an initial cost of $300,000 and produces cash inflows of $86,000, $93,600, $42,000 and $38,000 over the next four years, respectively. What is the discounted payback period if the discount rate is 10%?

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