Suppose a company has proposed a new 5-year project. The project has an initials quality of $174,000 and has expected cash flows of $35,000 in year 1. $45,000 in year 2. $58,000 in year 3. $68,000 in year 4. And $76,000 in year 5. The required rate of return is 12% for projects at this company. What is the discounted payback for this project? (Answer to the nearest tenth of a year, e.g 3.2) Suppose a company has proposed a new 5-year project. The project has an initial quality of $100,000 and has expected cash flows of $32,000 in year 1. $47,000 in year 2. $57,000 in year 3, $62,000 in year 4. And $74,000 in year 5. The required rate of return is 10% for projects at this company. What is the net present value for this project? (Answer to the nearest dollar.)