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Manheim Candles is considering a project with the following incremental cash flows. Assume a discount rate of 10%. Year Cash Flow ($15,000) $10,000 $20,000 $30,000

Manheim Candles is considering a project with the following incremental cash flows. Assume a discount rate of 10%.

Year Cash Flow

  1. ($15,000)
  2. $10,000
  3. $20,000
  4. $30,000

Calculate the discounted payback period of the project.

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