Question: Homework: Chapter 11 Homework 0 Question 7 > Score: 0 of 2 points so Save (Discounted payback period) Gio's Restaurants is considering a project with

 Homework: Chapter 11 Homework 0 Question 7 > Score: 0 of

Homework: Chapter 11 Homework 0 Question 7 > Score: 0 of 2 points so Save (Discounted payback period) Gio's Restaurants is considering a project with the following expected cash flows: Year Project Cash Flow (millions) 0 $(120) 1 92 80 3 92 105 (Click on the icon in order to copy its contents into a spreadsheet.) 2 4 If the project's appropriate 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.)

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