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P11-20 (similar to) (Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) $(180) 100

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P11-20 (similar to) (Discounted payback period) Glo's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) $(180) 100 65 100 105 If the project's appropriate discount rate is 9 percent, what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places.) NM Year bject Cash Flow (millions) 0 $-180 1 $100 2 $65 3 $100 4 $105 in 1 Non

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