An investment project costs $$17,300$ and has annual cash flows of $$4,300$ for six years.

a$.$ What is the discounted payback perlod if the discount rate is zero percent?

Discounted payback period

$4\mathrm{.}02$

b$.$ What is the discounted payback perlod if the discount rate is $6$ percent?

Discounted payback period

c$.$ What is the discounted payback perlod if the discount rate is $22$ percent?

Discounted payback period