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QUESTION
Find the Discounted Payback period for the following project.
Find the Discounted Payback period for the following project. The discount rate is 8%
___________ Project X
Initial Outlay_ $8294
Year 1______$3158
Year 2______$3165
Year 3______$5017
Year 4______$6421
The answer should be calculated to two decimal places.
