The payback method helps firms establish and Identify a maximum acceptable payback period that helps in their capital budgeting decisions: Cold Goose Metal Works is a small firm, and several of its managers are worried about how soon the firm will be able to recover its Initial investment from Project Beta's expected future cash flows. To answer this question, Cold Goose' Cro has asked that you compute the project's payback perlod using the following expected net cash flows and assuming that the cash flows are recelved evenly throughout each year. Complete the following table by computing the project's conventional payback penad (Hint: For fuil cresit, complete the entire tabias. Reund the conventional paytack period to the nearose two decimai places. If your answer is nepative use a minus sign.] Complete the following toble by computing the project's conventional paybuck neniod. (Hint: For full credit, complate the entire lable. Round the conventional payback penod to the nearest two decimal places. If your answor is negative use a minus sign.) The conventional payback period ignores the time value of money, and this concerns Cold Goose's Cro. He has now asked you to compute Bata's discounted payback period, assuming the company has a 10% cost of capital. Complete the following tabie and perform any necessary calcutations. (Hint: Round the disceunced cash floy valus to the nesrest whole dolar and the difcounted paytack peniod to the nearest two decimst places. For tull credit, complete the entire table, if your answet is negative user a minut signi.) Complete the following table and perform any necessary calculations. (Hint: Rourd the discounted cash flow values to the nearest whole doifar, 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.) 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 thet present value method-it that they fall to consider the value of the cash flows beyorid the point in timie equal to the 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 recoonize due to this theoretical deficiency? {3,132,983 51,314,801 51,645,380 $4,827,198