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( Discounted payback period )Gio's Restaurants is considering a project with the following expected free cashflows: YEAR PROJECT CASH FLOW 0 year $240 million 1
(Discounted payback period)Gio's Restaurants is considering a project with the following expected free cashflows: YEAR
PROJECT
CASH FLOW
0 year $240 million
1 year- 85 million
2 year- 60 million
3 year- 100 million
4year - 105 million
. If theproject's appropriate discount rate is 11 percent, what is theproject's discounted paybackperiod?
Theproject's discounted payback period is
years.
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