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Calculate the discounted payback period of a project with a discount rate of 2% and these cash flows: Period 0: -1000 Period 1: 615 Period

Calculate the discounted payback period of a project with a discount rate of 2% and these cash flows:

Period 0: -1000

Period 1: 615

Period 2: 118

Period 3: 1,384

Enter your answer in years and round to the nearest one-hundredth of a year.

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