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(Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows. If the projects appropriate discount rate is 11 percent, what

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(Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows. If the projects appropriate discount rate is 11 percent, what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places) PROJECT YEAR CASH FLOW 0 - $240 million 1 90 million 2 70 million 3 85 million 4 90 million (Click on the icon located on the top-right comer of the data table above in order to copy its contents into a spreadsheet.) AWN

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