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An investment project has annual cash inflows of $5,200,$6,300,$7,100 for the next four years, respectively, and $8,400, and a discount rate of 19 percent. What

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An investment project has annual cash inflows of $5,200,$6,300,$7,100 for the next four years, respectively, and $8,400, and a discount rate of 19 percent. What is the discounted payback period for these cash flows if the initial cost is $8,000 ? Multiple Choice 1.32 years 0.82 years 2.57 years 1.82 years 3.64 years

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