The conventional payback penod ignores the time value of money, and this concerns Cute Camel's CFO. He has now asked you to compute Beta's fiscounted payback period, assuming the company has a 8% cost of capital. Cornpiete the following table and perform ary necessary calculations. (Hint: Round the discounted cash flow valies fo the nearest whole dollar, aldd the discourited payback period to the nearest two decmal places. For full credic, complete the entire table. If your answer is negative use a mimis sign.) Which verision of a project's payback period sifould the CFO use when evaluating Project Beta, oiven its theoretical superionty? i. Assignment - Capital Budgeting: Decision Criteria Which version of a project's payback period should the CFO use when evaluating Project Beta, given its theoretical superiority? The discounted payback period The regular payback period One theoretical disadvantage of both payback methods-compared to the net present value method-is that they fail to consider the value of the cas flows beyond the point in time equal to the payback period. How much value does the discounted pusyback period method fail to recognize due to this theoretical deficiency? $1,667,048 $2,261,698 $6,039,476 $3,889,270