Year 0 Year 1 Year 2 Year 3 Cash flow -$4,500,000 $1,800,000 $3,825,000 $1,575,000 Discounted cash flow Cumulative discounted cash flow $ Discounted payback period: years Which version of a project's payback period should the CFO use when evaluating Project Alpha, 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 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 $2,916,953 $1,250,286 $1,696,274 $4,529,607