The following timeline represents the initial cost and the annual cash inflows of a given...

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Accounting

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The following timeline represents the initial cost and the annual cash inflows of a given project. The WACC is equal to 4.9% per year. Time 0 1 2 3 4 Cash flow -5000 3000 1000 1000 3000 Calculate the discounted payback period of this project. Show your steps in the reasons box. Note: Do not enter any symbol in the answer field ( S. KD, % - NOT allowed). Enter at least two digits after the decimal point

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