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= Homework: Assignment 8 Question 3, P11-20 (similar to) HW Score: 0%, 0 of 100 points Points: 0 of 10 0 Save (Discounted payback period)
= Homework: Assignment 8 Question 3, P11-20 (similar to) HW Score: 0%, 0 of 100 points Points: 0 of 10 0 Save (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 ${120) 1 92 2 65 3 92 102 (Click on the icon in order to copy its contents into a spreadsheet.) 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 years. {Round to two decimal places.)
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