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An investment project has annual cash inflows of $7,400, $6,900, $7,700, and $9,000, and a discount rate of 14%. a. What is the discounted payback

An investment project has annual cash inflows of $7,400, $6,900, $7,700, and $9,000, and a discount rate of 14%.

a. What is the discounted payback period for these cash flows if the initial cost is $13,330?

b. What is the discounted payback period for these cash flows if the initial cost is $17,360?

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