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An investment project costs $14,800 and has annual cash flows of $3,700 for six years. a....

An investment project costs $14,800 and has annual cash flows of $3,700 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 5 percent? c. What is the discounted payback period if the discount rate is 20 percent?

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Expert Solution

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

Cell reference -


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