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Homework: Chapter 11 Homework 3 of 8 (8 complete) Score: 0 of 1 pt P11-20 (similar to) (Discounted payback period) Gio's Restaurants is considering a

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Homework: Chapter 11 Homework 3 of 8 (8 complete) Score: 0 of 1 pt P11-20 (similar to) (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year 0 1 2 3 4 Project Cash Flow (millions) $(240) 100 75 100 105 If the project's appropriate discount rate is 11 percent, what is the project's discounted payback period? years. (Round to two decimal places.) The project's discounted payback period is

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