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An investment project has annual cash inflows of $5,100, $6,200, $7,000, and $8,300, and a discount rate of 18 percent. Required: What is the discounted

An investment project has annual cash inflows of $5,100, $6,200, $7,000, and $8,300, and a discount rate of 18 percent.

Required:

What is the discounted payback period for these cash flows if the initial cost is $8,000?

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