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Find the Discounted Payback period for the following project. The discount rate is 6% Project X Initial Outlay $8,148 Year 1 $3,065 Year 2 $3,825

Find the Discounted Payback period for the following project. The discount rate is 6%

Project X

Initial Outlay

$8,148

Year 1

$3,065

Year 2

$3,825

Year 3

$5,138

Year 4

$6,849

Round the answer to two decimal places.

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