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Homework: Chapter 11 Homework! Score: 0 of 1 pt X P11-20 (similar to) 3 of 6 (5 complete (Discounted payback period) Gio's Restaurants is considering
Homework: Chapter 11 Homework! Score: 0 of 1 pt X P11-20 (similar to) 3 of 6 (5 complete (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows. Year Project Cash Flow (millions) $(210) 85 65 85 105 If the project's appropriate discount rate is 12 percent, what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer Clear All
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