Project discounted payback period

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You have just started your new position as a finance manager is Visible Inc. Your colleague presents you with the following cash flows of a proposed project (all values are in million):  

Year:

0

1

2

3

4

Cash flows:

($1,000)

$525

$485

$445

$405

At an assumed WACC of 10%, what is the project's discounted payback period? 

Reference no: EM133112033

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