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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 $1,200 $500 $525 $550 $575

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