An investment project has annual cash inflows of $4,200, $5,100, $6,300, and $5,500, and a discount rate of 15 percent.
What is the discounted payback period for these cash flows if the initial cost is $6,900?
What is the discounted payback period for these cash flows if the initial cost is $9,000?
What is the discounted payback period for these cash flows if the initial cost is $12,000?