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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $15,000, $16,000, $19,000, $19,000, and $18,000, respectively.
Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $15,000, $16,000, $19,000, $19,000, and $18,000, respectively. The interest rate is 9%. What is the discounted payback period? Number (Enter only whole numbers)
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