AN INVESTMENT PROJECT HAS ANNUAL CASH INFLOWS OF $3,200, $4,100, $5,300, AND $4,500, AND A DISCOUNT RATE OF 14 PERCENT. WHAT…

An investment project has annual cash inflows of $3,200, $4,100, $5,300, and $4,500, and a discount rate of 14 percent.

 

What is the discounted payback period for these cash flows if the initial cost is $5,900?
 
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