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Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow ( millions ) 0 $ ( 1 8 0

Gio's Restaurants is considering a project with the following expected cash flows:
Year
Project Cash Flow(millions)
0
$(180)
1
85
2
80
3
85
4
90
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If the project's appropriate discount rate is 12percent, what is the project's discounted payback period?

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