An investment of 1600000 today yields positive cash flows


An investment of $1,600,000 today yields positive cash flows of $300,000 each year for years 1 through 10. MARR is 12%.

Determine the Discount Payback Period (DPBP) of this investment in years. Round your answer up to the nearest whole number of years.

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Financial Management: An investment of 1600000 today yields positive cash flows
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