What is the discounted payback period on Versace's proposed investment in a new line of fashion...

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What is the discounted payback period on Versace's proposed investment in a new line of fashion clothes? The expected cash flows appear below. Note that year 0 and year 1 cash flows are negative. (Answer in years; round to 2 decimals) Year 0 cash flow = -95,000 Year 1 cash flow = -28,000 Year 2 cash flow = 37,000 Year 3 cash flow = 45,000 Year 4 cash flow = 51,000 Year 5 cash flow = 47,000 Year 6 cash flow = 54,000 Required rate of return = 13.00% What is the discounted payback period on Versace's proposed investment in a new line of fashion clothes? The expected cash flows appear below. Note that year 0 and year 1 cash flows are negative. (Answer in years; round to 2 decimals) Year 0 cash flow = -95,000 Year 1 cash flow = -28,000 Year 2 cash flow = 37,000 Year 3 cash flow = 45,000 Year 4 cash flow = 51,000 Year 5 cash flow = 47,000 Year 6 cash flow = 54,000 Required rate of return = 13.00%