Discounted payback period Following four projects and their cash flow, calculate the discounted payback period with a 5% discount rate, 10% discount rate, and 20% discount rate. What do you notice about the payback period as the discount rate rises? Explain the relationship Cash Flow ABCD Cost P10,000 P25,000 P45,000 P100,000 Cash flow year 1 P 4,000 P 2,000 P10,000 P 40,000 Cash flow year 2 P 4,000 P 8,000 P15,000 P 30,000 Cash flow year 3 P 4,000 P14,000 P20,000 P 20,000 Cash flow year 4 P 4,000 P20,000 P20,000 P 10,000 Cash flow year 5 P 4,000 P26,000 P15,000 P 10,000 Cash flow year 6 P 4,000 P32,000 P10,000 PO