Assume the firm invests $250,000 today to get $63,000 at Year 1, $75,000 at Year 2, $78,000 at Year 3, $76,000 at Year 4, $50,000 at Year 5, and $36,500 at Year 6. Assuming the Interest (discount) rate of 9.1%, what is the (Non-Discounted) Payback period for this project?

3.45 years

4.92 years

4.48 years

2.94 years

Same facts as above: what is the Discounted Payback Period for this project?

5.12 years

3.45 years

4.48 years

4.58 years