Find the Discounted Payback Period for the capital budgeting project with the cash flows shown below and decide whether the firm should accept or reject the project if the appropriate cost of capital (i.e., the hurdle rate) is 15%. Assume that the maximum allowable discounted payback is 1.5 years. CFO CFCF2 -800 345 529 CF3 608 The project's discounted payback is 1.25 years; it should be rejected. The project's discounted payback is 2.25 years; it should be rejected. The project's discounted payback is 2.25 years; it should be accepted. The project's discounted payback is 1.25 years; it should be accepted