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Calculate the discounted payback period of a project with a discount rate of 3% and these cash flows: Period 0: -1000 Period 1: 653 Period

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Calculate the discounted payback period of a project with a discount rate of 3% and these cash flows: Period 0: -1000 Period 1: 653 Period 2: 113 Period 3: 1,318 Enter your answer in years and round to the nearest one-hundredth of a year

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