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discounted payback period ? Peaceful Cruises wants to build a new cruise ship that has an initial investment of $300 million. It is estimated to

discounted payback period ?
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Peaceful Cruises wants to build a new cruise ship that has an initial investment of $300 million. It is estimated to provide an annual cash flow over the next 20 years of $34 million per year. The discount rate is 9% What is the discounted payback period? Enter your answer rounded to two decimal places Number

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