BHI Holdings has been presented with an investment opportunity which has an annual cash inflow of P30,000 per year in years 1-2; P40,000 per year in years 3 to 4; and P60,000 in year 5. This investment cost the firm P120,000 today and the firm's required rate of return is 10%.

A.1 What is the payback period of this investment?

B.2 What is the discounted payback period?

B.3 What is the net present value of the investment?