What is the discounted payback period for company

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Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $19,000, $20,000, $16,000, $20,000, and $20,000, respectively. The interest rate is 9%. Enter your answers rounded to 2 DECIMAL PLACES.

Problem 1: What is the discounted payback period?

Reference no: EM132937841

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