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Complete the following table and compute the project's conventional payback period. Round the conventional payback period to two decimal places. For negative values, be sure

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Complete the following table and compute the project's conventional payback period. Round the conventional payback period to two decimal places. For negative values, be sure to include a minus sign in your answer. For full credit, complete the entire table. Year o Year 1 Year 2 Year 3 Expected cash flow -6,000,000 $2,400,000 $5,100,000 $2,100,000 Cumulative cash flow Conventional payback period: years The conventional payback period ignores the time value of money, and this concerns Cute Camel's CFO. He has now asked you to compute Omega's discounted payback period, assuming the company has a 9% cost of capital. Complete the following table and perform any necessary calculations. Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to two decimal places. For negative values, be sure to include a minus sign in your answer. For full credit, complete the entire table. Year o Year 1 Year 2 Year 3 Cash flow -6,000,000 $2,400,000 $5,100,000 $2,100,000 Discounted cash flow $ $ Cumulative discounted cash flow $ $ $ $ Discounted payback period: years Which version of a project's payback period should the CFO use when evaluating Project Omega, given its theoretical superiority? The discounted payback period The regular payback period One theoretical disadvantage of both payback methods-compared to the net present value method is that they fail to consider the value of the cash flows beyond the point in time equal to the payback period. How much value does the discounted payback period method fail to recognize due to this theoretical deficiency? $3,823,420 $1,621,585 $2,115,988 $5,914,153

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