Crane Communication Corp. is considering an investment in new technologies. The company's management expects significant benefits in the first three years after installation, and smaller constant benefits in each of the next four years.

Year

1

2

3

4-7

Cash Flow

-$10,294,700

$2,526,000

$5,472,000

$3,244.100

$1,174,500

What is the discounted payback period for the project assuming a discount rate of 10 percent? (Round answer to 2 decimal places, e.g.

Crane Communication Corp. is considering an investment in new technologies: The company's management expects significant benefits in the first three years after installation, and smaller constant benefits in each of the next four years. What is the discounted payback period for the project assuming a discount rate of 10 percent? (Round answer to 2 decimal ploces, es 15.25. If discounted payback period exceeds life of the project, enter 0 for the answer.) The discounted payback period for the prolect is years