Discounted payback period for these cash flows

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Reference no: EM132001119

An investment project has annual cash inflows of $5,800, $6,900, $7,700, and $9,000, and a discount rate of 14 percent.   

Required:

What is the discounted payback period for these cash flows if the initial cost is $9,000? (Do not round your intermediate calculations.)

Reference no: EM132001119

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