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Blanchford Enterprises is considering a project that has the following cash flow and cost of capital = 10%. What is the project's discounted payback? (Show

Blanchford Enterprises is considering a project that has the following cash flow and cost of capital = 10%. What is the project's discounted payback? (Show calculation).

Year:0

Cash flow: -1000

Year 1:

Cash flow: 500

Year 2

Cash flow: 500

Year 3

Cash flow: 500

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