Question: Calculating Discounted Payback (LO3) An investment project has annual cash inflows of $4,200, $5,300, $6,100, and $7,400, and a discount rate of 14 percent. What
Calculating Discounted Payback (LO3) An investment project has annual cash inflows of
$4,200, $5,300, $6,100, and $7,400, and a discount rate of 14 percent. What is the discounted payback period for these cash flows if the initial cost is $7,000? What if the initial cost is
$10,000? What if it is $13,000?
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