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An investment project has annual cash inflows of $5,400, $6,500, $7,300 for the next four years, respectively, and $8,600, and a discount rate of 10
An investment project has annual cash inflows of $5,400, $6,500, $7,300 for the next four years, respectively, and $8,600, and a discount rate of 10 percent. What is the discounted payback period for these cash flows if the initial cost is $9,000?
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1.76 years
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2.51 years
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0.76 years
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1.26 years
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3.52 years
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