What is the discounted payback period

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Skywards Inc., an airline caterer, is purchasing refrigerated trucks at a total cost of $3.25 million. After-tax net income from this investment is expected to be $750,000 for the next five years. Annual depreciation expense was $650,000. The company's cost of capital is 17 percent.

Question 1: What is the discounted payback period ? list the cumulative periods.

Reference no: EM132461366

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