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Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(210) 1 100 2 65 3 100

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

Year

Project Cash Flow (millions)

0

$(210)

1

100

2

65

3

100

4

95

If the project's appropriate discount rate is11 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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