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(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year 0 1 2 Project Cash Flow (millions) $(240)
(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year 0 1 2 Project Cash Flow (millions) $(240) 80 80 3 4 (Click on the icon 80 90 in 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.)
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