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Find the discounted payback period for the following project. the discount rate is 8% Project X Initial outlay $17334 Year 1 $5069 Year 2 $5973

Find the discounted payback period for the following project. the discount rate is 8%

Project X

Initial outlay $17334

Year 1 $5069

Year 2 $5973

Year 3 $5927

Year 4 $8021

Round the answer to two decimal places.

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