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An investment project costs $56,796 and has annual cash flows of $13,415 for six years. What is the discounted payback period if the discount rate
An investment project costs $56,796 and has annual cash flows of $13,415 for six years. What is the discounted payback period if the discount rate is 5 percent? (Enter 0 if the project never pays back. Round your answer to 2 decimal places. (e.g., 32.16))
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