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(Discounted payback period?) ? Gio's Restaurants is considering a project with the following expected cash? flows: Year Project Cash Flow (millions) 0 $(210) 1 95
(Discounted payback period?)
? Gio's Restaurants is considering a project with the following expected cash? flows:
Year | Project Cash Flow (millions) |
0 | $(210) |
1 | 95 |
2 | 60 |
3 | 95 |
4 | 105 |
If the? project's appropriate discount rate is 9 percent, what is the? project's discounted payback? period?
The? project's discounted payback period is ____ years.?(Round to two decimal? places.)
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