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(Discounted payback period) Assuming an appropriate discount rate of 9 percent, what is the discounted payback period on a project with an initial outlay of

(Discounted payback period) Assuming an appropriate discount rate of 9 percent, what is the discounted payback period on a project with an initial outlay of $ 100000 and the following cash flows? Year 1=$25,000 Year 2=$40,000 Year 3=$35,000 Year 4=$35,000 Year 5=$35,000 Year 6=$20,000

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