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An investment project costs $17,400 and has annual cash flows of $4,300 for six years. a. What is the discounted payback period if the discount

An investment project costs $17,400 and has annual cash flows of $4,300 for six years.
a. What is the discounted payback period if the discount rate is 5 percent?
4.64, 4.73, 4.55, 4.99
b. What is the discounted payback period is the discount rate is 18 percent?
never, 1.02, 3.98, 3.35

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