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(Discounted payback period?) ? Gio's Restaurants is considering a project with the following expected cash? flows: Year Project Cash Flow (millions) 0 $(210) 1 95

(Discounted payback period?)

? Gio's Restaurants is considering a project with the following expected cash? flows:

Year Project Cash Flow (millions)
0 $(210)
1 95
2 60
3 95
4 105

If the? project's appropriate discount rate is 9 percent, what is the? project's discounted payback? period?

The? project's discounted payback period is ____ years.?(Round to two decimal? places.)

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