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What is the discounted payback period in a years

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Reference no: EM132921028

Problem1 : An investment with an initial cost of $14,000 produces cash flows of $4,000 annually for 5 years. If the cash flow is evenly spread out over the year and the firm can borrow at 10%, the discounted payback period is _____ years.

Reference no: EM132921028

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