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Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $19,000,$17,000,$13,000,$19,000, and $18,000, respectively. The interest rate

image text in transcribed Suppose a company had an initial investment of $40,000. The cash flow for the next five years are $19,000,$17,000,$13,000,$19,000, and $18,000, respectively. The interest rate is 7%. What is the discounted payback period? (Enter only whole numbers)

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