Suppose a company had an initial investment of $50,000. The cash flow for the next five years are $15,000,$13,000,$13,000,$18,000, and $20,000, respectively. The interest rate is 8%. Enter your answer rounded to 2 DECIMAL PLACES. What is the discounted payback period? If the firm requires a discounted payback periods 3 years or less, will the project be accepted? Yes No