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  3. 32. an investment project costs $21,200 and has an

32. An investment project costs $21,200 and has annual cash flows of $4,300 for six...

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Finance

32. An investment project costs $21,200 and has annual cash flows of $4,300 for six years.

a. What is the discounted payback period if the discount rate is zero percent?

b. What is the discounted payback period if the discount rate is 3 percent?

c. What is the discounted payback period if the discount rate is 19 percent?

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