Question: The information below describes a project with an initial cash outlay of 7000$ and a required rate of return of 12%. Years After tax cash

The information below describes a project with an initial cash outlay of 7000$ and a required rate of return of 12%. Years After tax cash inflow 1 6000$ 2 2000$ 3 2000$ 4 2000$ The discounted pay back period of the project is

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