Question: !!! Problem 10-20 (similar to) Question Help (Discounted payback period) Assuming an appropriate discount rate of 15 percent, what is the discounted payback period on

!!! Problem 10-20 (similar to) Question Help
!!! Problem 10-20 (similar to) Question Help (Discounted payback period) Assuming an appropriate discount rate of 15 percent, what is the discounted payback period on a project with an initial outlay of $80,000 and the following free cash flows? Year 1 = $30,000 Year 2 = $35.000 Year 3 = $25,000 Year 4 = $25,000 Year 5 $40,000 Year 6 = $20.000 (Click on the following icon in order to copy its contents into a spreadsheet) The project's discounted payback period is years. (Round to two decimal places)

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