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Your required rate of return is 10 percent. If you invest $3,000 today you will have the following cash inflows: 1000 at t=1, 1500 at

Your required rate of return is 10 percent. If you invest $3,000 today you will have the following cash inflows: 1000 at t=1, 1500 at t=2, 1000 at t=3, and 2000 at t=4. Compute the Discounted Payback Period of the project.

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