(Discounted payback period) Sheinhardt Wig Company is considering a project that has the following cash flows: If the project's appropriate discount rate is 8 percent, what is the project's discounted payback period? The project's discounted payback period is years. (Round to two decimal places.) i X Data Table (Click on the following icon e in order to copy its contents into a spreadsheet.) 1 YEAR 0 1 PROJECT CASH FLOW - $80,000 15,000 70,000 75,000 50,000 45,000 2 3 4 5 Print Done