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Remaining Time: 32:45:43 Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $19,000, $15,000, $13,000, $13,000,

Remaining Time: 32:45:43 Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $19,000, $15,000, $13,000, $13,000, and $19.000, respectively. The interest rate is 9%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period? Number If the firm requires a discounted payback periods 3 years or less, will the project be accepted? No Yos

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