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An investment project has annual cash inflows of $4,258, $3,910, $4,680, and $3,154 for the next four years, respectively, and a discount rate of

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An investment project has annual cash inflows of $4,258, $3,910, $4,680, and $3,154 for the next four years, respectively, and a discount rate of 12% What is the discounted payback if the initial investment is $5,500? (Round answer to 2 decimal places. Do not round intermediate calculations)

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