A project has the following cash flows: Project Year Cash Flows...
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Accounting
| A project has the following cash flows: |
| Project |
| Year Cash Flows |
| 0 -$5,707.00 |
| 1 $2,358.00 |
| 2 $2,358.00 |
| 3 $2,358.00 |
| 4 $2,358.00 |
| Its cost of capital is 8.1 percent. What is the projects discounted payback period? |
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