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King Fisher Aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 Discount rate 14 percent What is the discounted

King Fisher Aviation is evaluating an investment project with the following case flows:

$6,000

$5,500

$7,000

$8,000

Discount rate 14 percent

What is the discounted payback period for these cash flows if the initial cost is 15,000? What if the initial cost is $12,000? What if the cost is $16,000?

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