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Peaceful Cruises wants to build a new cruise ship that has an initial investment of $ 2 0 0 million. It is estimated to provide

Peaceful Cruises wants to build a new cruise ship that has an initial investment of $ $200$ million. It is estimated to provide an annual cash flow over the next $20$ years of $ $20$ million per year. The discount rate is $6 % .$

What is the discounted payback period? Enter your answer rounded to two decimal places

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