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An investment project costs $ 1 6 , 7 0 0 and has annual cash flows of $ 3 , 5 0 0 for six

An investment project costs $16,700 and has annual cash flows of $3,500 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 4 percent?
c. What is the discounted payback period if the discount rate is 21 percent?

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