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An investment project has annual cash inflows of $6,400,$7,500,$8,300 for the next four years, respectively, and $9,600, and a discount rate of 20 percent. What

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An investment project has annual cash inflows of $6,400,$7,500,$8,300 for the next four years, respectively, and $9,600, and a discount rate of 20 percent. What is the discounted payback period for these cash flows if the initial cost is $9,500? 1.30 years 0.80 years 2.55 years 1.80 years 3.60 years

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