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You are evaluating an investment project, Project XX, with the following cash flows: Period Cash Flow 0 - $2000,00 1 $65,000 2 $65,000 3 $65,000

You are evaluating an investment project, Project XX, with the following cash flows:

Period Cash Flow
0 - $2000,00
1 $65,000
2 $65,000
3 $65,000
4 $65,000
5 $65,000

Calculate the following:

i. discount payback period, assuming a 10% cost of capital. (4 marks)

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