Suzie has just completed evaluation of a project with normal cash flows. The project has an IRR of 12.3%, NPV of - $1600, and a payback period of 3.8 years. Based on this, we can say that: Multiple Choice the discounted payback period is more than 3.8 years. the project's life is 3.8 years the required rate of return is less than 12.3% percent. None of the options provided is correct