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  3. an investment project has annual cash inflows of $

An investment project has annual cash inflows of $4,335, $3,791, $4,792, and $3,597 for the...

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An investment project has annual cash inflows of $4,335, $3,791, $4,792, and $3,597 for the next four years, respectively, and a discount rate of 13%. What is the discounted payback if the initial investment is $5,500? (Round answer to 2 decimal places. Do not round intermediate calculations)

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