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A project has an initial setup cost of $ 1 0 , 0 0 0 and is expected to deliver an annual cash flow of

A project has an initial setup cost of $10,000 and is expected to deliver an annual cash flow of $2,200 for ten years. If the appropriate discount rate is 10%, find the discounted payback period. (Round your answer to the nearest whole number.)
Multiple choice question.
8 years
6 years
9 years
5 years

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