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Estimated cash flows appear below for an investment project. The project's required rate of return (RRR) is 11.40%. What is the discounted payback period for
Estimated cash flows appear below for an investment project. The project's required rate of return (RRR) is 11.40%. What is the discounted payback period for the project in years? Cash flows after Year 0 are assumed to be end-of-year cash flows.
Year 0 cash flow = -67,000
Year 1 cash flow = 17,000
Year 2 cash flow = 20,000
Year 3 cash flow = 27,000
Year 4 cash flow = 30,000
Year 5 cash flow = 24,000
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