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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 S(160) 85 75 85

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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 S(160) 85 75 85 105 (Click on the icon in order to copy its contents into a spreadsheet) If the project's appropriate discount rate is 13 porcent, what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places.) 1 2 3 4

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