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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 $(240) 1 100 2

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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 $(240) 1 100 2 75 3 100 4 105 (Click on the icon D m order to copy its contents into a spreadsheet) If the project's appropriate discount rate is 13 percent what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places) This question: 1 point(s) possible (Related to Checkpoint 11.6) (MIRR calculation) Emily's Soccer Mania is considering building a new plant. This project would require an initial cash outlay of $10 million and would generate annual cash inflows of $3 million per year for years one through four. In year five the project will require an investment outlay of $5 million. During years 6 through 10 the project will provide cash inflows of $5 million per year. Calculate the project's MIRR, given a discount rate of 10 percent. The MIRR of the project with a discount rate of 10% is %. (Round to two decimal places.)

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