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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 11 2 3

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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 11 2 3 4 $(210) 100 80 100 95 (Click on the icon in order to copy its contents into a spreadsheet.) If the project's appropriate discount rate is 12 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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