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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, $20,000, $19,000, $15,000, and $17,000, respectively.

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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, $20,000, $19,000, $15,000, and $17,000, respectively. The interest rate is 11%. What is the discounted payback period? Number (Enter only whole numbers)

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