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An investment project costs $20,700 and has annual cash flows of $4,100 for six years. a. What is the discounted payback period if the discount

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An investment project costs $20,700 and has annual cash flows of $4,100 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

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