5. What does the presence of risk imply concerning returns? C. Problem: (05 Marks Project P has a cost of $1,000 and cash flows of $300 per year for three years plus another $1,000 in Year 4. The project's cost of capital is 15 percent. a. What are P's payback and discounted payback periods? b. If the company requires a payback of three years or less, would the project be accepted