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An investment project costs $16,700 and has annual cash flows of $3,200 for six years. a. What is the discounted payback period if the discount
An investment project costs $16,700 and has annual cash flows of $3,200 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 3 percent?
c. What is the discounted payback period if the discount rate is 22 percent?
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