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Question 4 (1 point) Find the Discounted Payback period for the following project. The discount rate is 8% Project X Initial Outlay $17.295 Year 1

Question 4 (1 point) Find the Discounted Payback period for the following project. The discount rate is 8% Project X Initial Outlay $17.295 Year 1 $5.034 Year 2 $5,299 Year 3 $5,902 Year 4 $8,340 Round the answer to two decimal places

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