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Sun King Computers is considering the following project. The projected net cash flows are: Initial Cost is $3.5 million; annual net cash flows are $815,000

Sun King Computers is considering the following project. The projected net cash flows are: Initial Cost is $3.5 million; annual net cash flows are $815,000 per year for 7 years. What is the Discounted Payback Period if the appropriate discount rate is 7.5%?

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