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What is the discounted payback period on Versace's proposed investment in a new line of fashion 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 fashion clothes? The expected cash flows appear below. Note that year and year cash flows are negative. Answer in years; round to decimals
Year cash flow
Year cash flow
Year cash flow
Year cash flow
Year cash flow
Year cash flow
Year cash flow
Required rate of return
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