What is the discounted payback period

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An investment project has annual cash inflows of £13,500 one year from now, £28,900 two years from now, £41,500 three years from now and £48,000 four years from now, and a discount rate of 14 per cent.

What is the discounted payback period for these cash flows if the initial cost is £73,000?

Reference no: EM133070452

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