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Find the Discounted Payback period for the following project. The discount rate is 9% Project X Initial Outlay $8,774 Year 1 $3,314 Year 2 $3,004

Find the Discounted Payback period for the following project. The discount rate is 9%

Project X
Initial Outlay $8,774
Year 1 $3,314
Year 2 $3,004
Year 3 $5,990
Year 4 $6,259

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