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(Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: If the project's appropriate discount rate is 12 percent, what

(Discounted payback period)

Gio's Restaurants is considering a project with the following expected cash flows: If the project's appropriate discount rate is 12 percent, what is the project's discounted payback period?

YEAR PROJECT CASH FLOW 0 -150 1 90 2 70 3 90 4 100

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