If the appropriate (Discounted payback period) You are considering a project with the following free cash flows: 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.) 0 Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) PROJECT CASH FLOW YEAR 0 1 2 $40,000 15,000 15,000 15,000 15,000 3 Print Done