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Business, 23.10.2019 03:00 sl1010

An investment project has annual cash inflows of $3,900, $4,800, $6,000, and $5,200, for the next four years, respectively. the discount rate is 15 percent. what is the discounted payback period for these cash flows if the initial cost is $6,600? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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