Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $15,000, $15,000, $16,000, $19,000, and $16,00 respectively. The interest rate is 6%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period? Number If the firm requires a discounted payback periods 3 years or less, will the project be accepted? O Yes No