An investment project has annual cash inflows of $5,200, $3,000, $4,300, and $3,500, and a discount rate of 13 percent.
1. What is the discounted payback period for these cash flows if the initial cost is $4,900? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Discounted payback period years
2. What is the discounted payback period for these cash flows if the initial cost is $7,000? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Discounted payback period years
3. What is the discounted payback period for these cash flows if the initial cost is $10,000? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Discounted payback period years