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Calculating Discounted Payback
An investment project costs $15,000 and has annual cash flows of $3,800 for six years.
Question 1: What is the discounted payback period if the discount rate is 0 percent?
Question 2: What is the discounted payback period if the discount rate is 10 percent?
Question 3: What is the discounted payback period if the discount rate is 15 percent?
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