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Shisman Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 6.00% Year 0

Shisman Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback?

WACC:

6.00%

Year

0

1

2

3

Cash flows

-$650

$400

$600

$600

Please provide PV calculations & calculation for the discounted payback period. Please don't answer in excel!

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