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Find the Discounted Payback period for the following project. The discount rate is 7 % . Project X . Initial outlay $ 1 7 ,

Find the Discounted Payback period for the following project. The discount rate is 7%. Project X. Initial outlay $17,094; year 1: $5,290; year 2: $5,267; year 3: $5,660; year 4: $8,055. Round to two decimal places.

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