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What is the discounted payback period for the following project? Assume a discount rate of 1 1 % . Year 0 1 2 3 4

What is the discounted payback period for the following project? Assume a discount rate of 11%.
Year012345678
Cash Flow-$20 $5 $9 $4 $8 $4 $4 $7 $9
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2 years
5 years
3 years
4 years
6 years

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