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An investment project costs $20,500 and has annual cash flows of $4,400 for six years. a. What is the discounted payback period if the discount

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An investment project costs $20,500 and has annual cash flows of $4,400 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 18 percent

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