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(Discounted payback period) The Calliway Catte Company is consideing the construction of a new feed handling grstem for its feed lot in Abilene, Kansas The

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(Discounted payback period) The Calliway Catte Company is consideing the construction of a new feed handling grstem for its feed lot in Abilene, Kansas The naw payback method for evaluating now irvestrnents in the past but plans to calculate the discounted payback to analyze the investment Where the appropriate discount rate for this type of project is 9 percent, what is the peopects discounled payback period? The project's discounted payback period is years (Round to two decimal places)

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