A multinational creates a new clothing brand to be sold from 1 January 2022 until 31 December 2034. Product development and marketing begin on 1 January 2020. The cost of bringing the products to market comprises of 9 million payable on 1 January 2020 and 12 million payable continuously during 2021. From 1 January 2022, when the textiles are in production, it is assumed that income will be received half-yearly in arrears at a rate of 5 million per annum. Consider an effective rate of interest of 9% per annum. What is the discounted payback period, starting with the initial cash flow on 1 January 2020? Remark: You need to give the answer with two decimal places accuracy in years. For example, if you computed 2.4572 years then 2.46, 2.457 and 2.4572 are all valid answers. But 2.45 is not because they result wasn't rounded correctly. Also, do not enter any units such as years