The DUVAL company wishes to develop a new processor for computers. A fundamental parameter to respect in the company for any investment is a payback period of less than 4 years.

The project data is as follows:

FCF (0): -28000

FCF (1): 4,000

FCF (2): 9,000

FCF (3): 10,000

FCF (4): 14906

The WACC of the DUVAL company was reached at 11%.

Calculate the difference between discounted payback time (in years) and simple payback time (in years): DRA DRS.

Put in the box below the number with 4 decimals. For example if the DRS is 2.2341 years and the DRA is 3.2678 years, put in the box below: 1.0337. Use the . not the ','.