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Homework: Chapter 11 Homework Score: 0 of 1 pt X P11-20 (similar to) 3 of 6 (5 complete) (Discounted payback period) Gio's Restaurants is considering

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Homework: Chapter 11 Homework Score: 0 of 1 pt X P11-20 (similar to) 3 of 6 (5 complete) (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) $(160) 85 AWN-O 60 105 If the project's appropriate discount rate is 12 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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