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Without using formulas, provide a definition of discounted payback period. 00 O A project analysis tool that measures the acceptability of a project by determining

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Without using formulas, provide a definition of discounted payback period. 00 O A project analysis tool that measures the acceptability of a project by determining the length of time required for an investment's discounted cash flows to equal its initial cost. 0 A project analysis tool that measures the acceptability of a project through the difference between a project's initial investment and whether the present value of its cash flow will repay the investment. 0 A project analysis tool that measures the acceptability of a project by determining the amount of profit that can be expected based on an investment made. 0 A project analysis tool that determines the amount of time required for an investment to generate cash flows to recover its initial cost. 0 A ranking method used to assess projects. Pl greater than 1 signify positive NPV projects, while Pl less than 1 signify negative NPV projects

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