An investment project has annual cash inflows of $3,600, $4,500, $5,700, and $4,900, and a discount rate of 15 percent.
What is the discounted payback period for these cash flows if the initial cost is $6,300?
What is the discounted payback period for these cash flows if the initial cost is $8,400?
What is the discounted payback period for these cash flows if the initial cost is $11,400?