Question: I have previously posted this question and the answer showing is wrong. Please help! (Discounted payback period) Assuming an appropriate discount rate of 11 percent,

I have previously posted this question and the answer showing is wrong. Please help!

(Discounted payback period) Assuming an appropriate discount rate of 11 percent, what is the discounted payback period on a project with an initial outlay of $90,000 and the following free cash flows? Year1=$20,000Year2=$25,000Year3=$20,000Year4=$30,000Year5=$25,000Year6=$40,000 (Click on the following icon in order to copy its contents into a spreadsheet.) The project's discounted payback period is years. (Round to two decimal places.)

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