What is the discounted payback period for these cash flows

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Reference no: EM131559402

An investment project has annual cash inflows of $5,700, $6,800, $7,600, and $8,900, and a discount rate of 13 percent. Required: What is the discounted payback period for these cash flows if the initial cost is $9,000? (Do not round your intermediate calculations.)

Reference no: EM131559402

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