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Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback? r:

Shannon Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's discounted payback?

r: 14.00%
Year

0

1

2

3

4
Cash flows

$1,500

$600

$725

$850

$975

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