Question: Compute the Discounted Payback Periods (DPB) for a project with the following cash flows, if the companys discount rate is 15%. Initial outlay = -$9,000

Compute the Discounted Payback Periods (DPB) for a project with the following cash flows, if the companys discount rate is 15%.

Initial outlay = -$9,000

Cash flows: Year 1 = $3550

Year 2 = $2458

Year 3 = $4,105.28

Year 4 = $3,155.32

Year 5 = $1469

Please round your answer to the second decimal. E.g. 1.23

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