Suppose ABC Telecom Inc.'s CFO is evaluating a project with the following cash inflows. She does not know the project's initial cost; however, she does know that the project's regular payback period is 2.5 years. Year Cash Flow Year 1 $275,000 Year 2 $400,000 Year 3 $400,000 Year 4 $450,000 If the project's weighted average cost of capital (WACC) is 10%, what is its NPV? $344,806 $313,460 $297,787 $250,768 Which of the following statements indicate a disadvantage of using the discounted payback period for capital budgeting decisions? Check all that apply. The discounted payback period does not take the time value of money into account. 0 0 0 The discounted payback period is calculated using net income instead of cash flows. The discounted payback period does not take the project's entire life into account