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(Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows. Year Project Cash Flow (millions) 0 S(180) 1 92 2

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(Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows. Year Project Cash Flow (millions) 0 S(180) 1 92 2 80 3 92 4 105 (Click on the icon in order to copy its contents into a spreadsheet) If the project's appropriate discount rate is 11 percent, what is the project's discounted payback period? ANO

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