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Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(240) 1 85 2 65 3 85

Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions)

0 $(240)

1 85

2 65

3 85

4 90

If the project's appropriate discount rate is 13 percent, what is the project's discounted payback period? The project's discounted payback period is (Round to two decimal places.)

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