Compute the traditional payback period (PB) for a project that costs $54,000 if it is expected to generate $18,000 per year for six years? Round your answer to the nearest whole number. years If the firm's required rate of return is 8 percent, what is the project's discounted payback period (DPB)? Do not round intermediate calculations. Round your answer to two decimal places. years Should the project be purchased? The project -Select- be purchased