A 10-year project requires an initial investment today at $5000. It is expected to generate positive daily cash flows, which are summarize for the purpose of capital budgeting analysis as $850 at the end of each of the next 10 years. The firm uses the NPV method, but due to capital constraints also requires that projects have a payback period of no longer than 5 years for its projects. What is the payback period for this project consider its characteristics?