. 105 The Bear Co. is considering building a new factory to produce aluminum baseball bats. This project would require an initial cash outlay of $5 million and would generate annual cash inflows of $1 million per year for 3 years. Calculate the project's Discounted Payback Period given the following: . d. Required rate of return of 13% What can you obtene from your calculation above? How does the Discounted Payback period react to the changes in the discount rate