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What is the discounted payback period on Versace's proposed investment in a new line of fashic clothes? The expected cash flows appear below. Note that

What is the discounted payback period on Versace's proposed investment in a new line of fashic clothes? The expected cash flows appear below. Note that year 0 and year 1 cash flows are negative. (Answer in years; round to 2 decimals) Year0cashflow=?83,000Year1cashflow=?19,000Year2cashflow=51,000Year3cashflow=55,000Year4cashflow=54,000Year5cashflow=47,000Year6cashflow=55,000? Required rate of return =14.00%

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