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P11-20 (similar to) (Discounted payback period) Glo's Restaurants consiruring a project with the following expected cash flows: Year Project Cash Flow (millions $(240) NO 95

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P11-20 (similar to) (Discounted payback period) Glo's Restaurants consiruring a project with the following expected cash flows: Year Project Cash Flow (millions $(240) NO 95 110 If the project's appropriate discount rate is 13 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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