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Steinhardt Wig Company is considering a project that has the following cash flows. If the project's appropriate discount rate is 10 percent, what is the
Steinhardt Wig Company is considering a project that has the following cash flows. If the project's appropriate discount rate is 10 percent, what is the projects discounted payback period
Year Project Cash flow
0 -$100,000
1 20,000
2 60,000
3 70,000
4 50,000
5 40,000
The project's discounted payback period is ____ years.
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