Question: Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(210) 1 92 2 75 3 92

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

Year

Project Cash Flow (millions)

0

$(210)

1

92

2

75

3

92

4

95

If the project's appropriate discount rate is 11 percent, what is the project's discounted payback period?

The project's discounted payback period is enter your response here years.(Round to two decimal places.)

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