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GHI Corp. is evaluating a machine that costs $150,000 and has a five-year life. The machine is expected to generate cash inflows of $25,000 in
GHI Corp. is evaluating a machine that costs $150,000 and has a five-year life. The machine is expected to generate cash inflows of $25,000 in the first year, $35,000 in the second, $40,000 in the third, $45,000 in the fourth, and $50,000 in the fifth year. Calculate the discounted payback period assuming a discount rate of 10%.
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