DA RD-7402 RD DA 8SP bar end shifters FH-M550 7SP freehub
knowns:
the RD-7402 can be used with 'alterative' cable mounting to behave more in line with other Shimano RDs
I think you're mistaken. The alternative cable position is used to increase derailleur travel per click - to make a newer (7700) derailleur behave like a 7402, for example.
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the DA 8SP bar ends have the same cable pull as all 9SP Shimano shifters/brifters
Right.
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the FH-M550 will accept an '8 of 9' cassette scheme
Right.
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unknowns:
Will the RD-7402 shift an '8 of 9' cassette on the FH-M550 freehub using the 'alternative' cable routing?
No (see above), but just about any other Shimano derailleur with standard cable routing will.