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P9-5 Calculating Discounted Payback (LO3] An investment project costs $18,200 and has annual cash flows of $3,700 for six years. a. What is the discounted

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P9-5 Calculating Discounted Payback (LO3] An investment project costs $18,200 and has annual cash flows of $3,700 for six years. a. What is the discounted payback period if the discount rate is zero percent? b. What is the discounted payback period if the discount rate is 3 percent

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