A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capit
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A project has an initial cost of $60,000, expected net cash inflows of $14,000 per year for 7 years, and a cost of capit
A project has an initial cost of $60,000, expected net cashinflows of $14,000 per year for 7 years, and a cost of capital of13%. What is the project's discounted payback period?