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Find the Discounted Payback period for the following project. The discount rate is 9% Project X Initial Outlay $16,730 Year 1 $5,318 Year 2 $5,661
Find the Discounted Payback period for the following project. The discount rate is 9%
| Project X | |
| Initial Outlay | $16,730 |
| Year 1 | $5,318 |
| Year 2 | $5,661 |
| Year 3 | $5,999 |
| Year 4 | $8,340 |
Round the answer to two decimal places.
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