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You are planning to open a restaurant in Brickell. Following the initial investment of $880,852, the expected cash flows over the next 4 years are

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You are planning to open a restaurant in Brickell. Following the initial investment of $880,852, the expected cash flows over the next 4 years are as follows. What is the discounted payback period of . this project? Assume the discount rate is 5% t Cash Flows 1$459,704 2$353,220 3$516,082 4$490,289 "Round your answer to the nearest two decimals

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