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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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