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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $16,000, $20,000, 518,000, $13,000, and $19,000, respectively.

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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $16,000, $20,000, 518,000, $13,000, and $19,000, respectively. The interest rate is 5%. Enter your answer rounded to 2 DECIMAL PLACES What is the discounted payback period2. Number If the firm requires a discounted payback periods 3 years or less, will the project be accepted? O. Yes No

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