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An investment project costs $20919 and has annual cash flows of $12039 for six years. What is the discounted payback period if the discount rate is

An investment project costs $20919 and has annual cash flows of $12039 for six years. What is the discounted payback period if the discount rate is 19 percent? (Enter 0 if the project never pays back. Round your answer to 2 decimal places. (e.g., 32.16))

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Answer Discounted payback period = Period at which Initial cash... View the full answer

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