Question: NO EXCEL 1 1 2 0 . ( Calculating the discounted payback period ) Gio s Restaurants is considering a project with the following expected

NO EXCEL 1120.(Calculating the discounted payback period) Gios Restaurants is considering a project with the following expected cash flows:
Year Project Cash Flow
0 $(150 million)
190 million
270 million
390 million
4100 million
If the projects appropriate discount is 12 percent, what is the projects discounted
payback period?

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