The conventional payback period ignores the time value of money, and this concerns Cute Camel's CFO He has now asked you to compute Beta's discounted payback period, assuming the company has a 7% cost of capital Complete the following table and perform any necessary calculations. (Hint: Round the discounted cash flow values to the nearest whole dollar, and the discounted payback period to the nearest two decimal places. For full credit, complete the entire table. If your answer is negative use a minus sign.) Year o Year 1 Year 3 Cash flow $6,000,000 $2,400,000 35,100,000 $2,100,000 Discounted cash flow $6,000,000 S S Cumulative discounted cash flow $6,000,000 s Discounted payback period years Year 2 S Which version of a project's payback period should the CEO use when evaluating Project Beth, given its theoretical superiority? The regular payback period The discounted payback period sign.) Year o Year 1 Cash flow Year 2 $5,100,000 Year 3 $2,100,000 $2,400,000 -$6,000,000 $6,000,000 $6.000.000 s Discounted cash flow Cumulative discounted cash flow Discounted payback period s S years Which version of a project's payback period should the CFO use when evaluating Project Beta, given its theoretical superiority? The regular payback period The discounted 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 cash flows beyond the point in time equal to the payback period. How much value does the discounted payback period method fail to recognize due to this theoretical deficiency? O $3,957,217 $5,168,764 $1,714,226 52,411,755