(Discounted payback period) Sheinhardt Wig Company is considering a project that has the following cash...

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Accounting

(Discounted payback period) Sheinhardt Wig Company is considering a project that has the following cash flows: 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.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet)
\table[[PEAR,PROJECT],[0,-$60,000
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