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Find the Discounted Payback period for the following project. The discount rate is 7% Project X Initial Outlay $8,492 Year 1 $3,682 Year 2 $3,794

Find the Discounted Payback period for the following project. The discount rate is 7% Project X Initial Outlay $8,492 Year 1 $3,682 Year 2 $3,794 Year 3 $5,908 Year 4 $6,928 Round the answer to two decimal places

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