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Problem 18 Intro You are evaluating an investment project costing $11,500 initially. The project will provide $3,000 in after-tax cash flows in the first year

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Problem 18 Intro You are evaluating an investment project costing $11,500 initially. The project will provide $3,000 in after-tax cash flows in the first year and $5,000 each year thereafter for 4 years. The maximum payback period for your company is 3 years. Your company's cost of capital is 15%. Attempt 1/10 for 10 pts. IB Part 1 What is the discounted payback period for this project? 2+ decimals Submit

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