Item11 Item 11 Item 11 An investment project costs $10,000 andhas annual cash flows of $2,820 for six years. a. What is thediscounted payback period if the discount rate is zero percent?(Enter 0 if the project never pays back. Do not round intermediatecalculations and round your answer to 2 decimal places, e.g.,32.16.) b. What is the discounted payback period if the discountrate is 4 percent? (Enter 0 if the project never pays back. Do notround intermediate calculations and round your answer to 2 decimalplaces, e.g., 32.16.) c. What is the discounted payback period ifthe discount rate is 19 percent? (Enter 0 if the project never paysback. Do not round intermediate calculations and round your answerto 2 decimal places, e.g., 32.16.)
