Question 1 Answer saved Marked out of 1 P Flag question 13. The cash flow for a project is as shown in the table. The discount rate is 8 per cent, year 1 is $2000, year 2 $1000, year 3 $2000, years 4 $1200, year 5 $4000, and the initial investment is $6000. What is the payback and discounted payback of the project? a. Payback in 4 years and discounted payback in 2 years b. Payback in 4 years and discounted payback in 5 years C. Payback in 4 years and discounted payback in 3 years d. Payback in 5 years and discounted payback in 4 years