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These are the cash flows of two franchises. What is the discounted payback period (not regular payback period) at a WACC of 8%? Franchise 1

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These are the cash flows of two franchises. What is the discounted payback period (not regular payback period) at a WACC of 8%?

Franchise 1 Franchise 2 $ (100) $ (100) $ 95 $ 8 $ 75 $ 45 $ 45 $ 55 $ 20 $ 85

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