NO EXCEL $1120.($Calculating the discounted payback period$)$ Gio$$s Restaurants is considering a project with the following expected cash flows:

Year Project Cash Flow

$0$ $$(150$ million$)$

$190$ million

$270$ million

$390$ million

$4100$ million

If the project$$s appropriate discount is $12$ percent, what is the project$$s discounted

payback period?