3

Dre (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows Project Cash Flow (millions) $(210) Year ons t21 0 1 2 3 4 mb 85 65 85 105 meri dia If the project's appropriate discount rate is 11 percent, what is the project's discounted payback period? er: The project's discounted payback period is yours. (Round to two decimal places.) be 9