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An investment project costs $10,000 and has annual cash flows of $2,850 for six years. a. What is the discounted payback period if the discount
| An investment project costs $10,000 and has annual cash flows of $2,850 for six years. |
| a. | What is the discounted payback period if the discount rate is 0 percent? (Enter 0 if the project never pays back on a discounted payback basis. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| b. | What is the discounted payback period if the discount rate is 5 percent? (Enter 0 if the project never pays back on a discounted payback basis. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| c. | What is the discounted payback period if the discount rate is 19 percent? (Enter 0 if the project never pays back on a discounted payback basis. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
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