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0 1 (Discounted payback period) Gio's Restaurants is considering a project with the following expected...

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0 1 (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) $(240) 100 2 80 3 100 105 (Click on the icon in order to copy its contents into a spreadsheet.) If the project's appropriate discount rate is 11 percent, what is the project's discounted payback period? 4 The project's discounted payback period is years. (Round to two decimal places.)

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