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Logan Plc has estimated the following cash flows for a potential capital project: Time 0 Time 1 Time 2 Time 3 Cash flow (220,000) 80,000

Logan Plc has estimated the following cash flows for a potential capital project:

Time 0 Time 1 Time 2 Time 3
Cash flow (220,000) 80,000 150,000 180,000

The company's cost of capital is 15%.

What is the discounted payback period for this project for Logan Plc?

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