Calculate discounted payback in years for project

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A firm with a 13% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows:

0 1 2 3 4 5

Project B -$72,000 $22,400 $22,400 $22,400 $22,400 $22,400

Calculate discounted payback in years for Project B

Reference no: EM131078033

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