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Find the discounted payback period for the following project. The discount rate is 9% Project X Initial outlay $17,979 Year 1 $5,188 Year 2 $5,564

Find the discounted payback period for the following project. The discount rate is 9%

Project X

Initial outlay $17,979

Year 1 $5,188

Year 2 $5,564

Year 3 $5,815

Year 4 $8,490

Round the answer to two decimal places

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