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An investment project has annual cash inflows of $ 5 , 2 0 0 , $ 3 , 0 0 0 , $ 4 ,

An investment project has annual cash inflows of $5,200,$3,000,$4,300, and $3,500,
for the next four years, respectively. The discount rate is 13 percent.
a. What is the discounted payback period for these cash flows if the initial cost is
$4,900?(Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.)
b. What is the discounted payback period for these cash flows if the initial cost is
$7,000?(Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.)
c. What is the discounted payback period for these cash flows if the initial cost is
$10,000?(Do not round intermediate calculations and round your answer to 2
decimal places, e.g.,32.16.)
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