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Project M has a cost of $30,000, expected net cash inflows are $20,000 per year for 3 years, and a cost of capital of 3%.

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Project M has a cost of $30,000, expected net cash inflows are $20,000 per year for 3 years, and a cost of capital of 3%. What is the project's discounted payback period? You must show the procedures obtaining the

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