What is discounted payback period

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Question

An investment project has annual cash inflows of $7,000, $6,700, $7,500, and $8,800, and a discount rate of 14%.

1. What is the discounted payback period for these cash flows if the initial cost is $9,000?

2. What is the discounted payback period for these cash flows if the initial cost is $12,900?

3. What is the discounted payback period for these cash flows if the initial cost is $16,800?

Reference no: EM133629925

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