1 QUESTION 12 A firm with a 9 percent cost of capital is considering a project for this year's capital budget. The project's expected after-tax cash flows are as follows: Year: Cash flow: 0 -$13,000 $5,300 2 $4,600 3 $4,600 $5,700 Calculate the project's discounted payback period. Ca. 4.00 years 6.3.50 years c. 3.00 years d. 3.82 years e.3.18 years