You are evaluating a project based on the project's payback and discounted payback period. You have determined that the payback period is 3 years. Which statement is correct regarding the discounted payback period

A. Discounted payback period will be less than 3 years.

B. Not able to say with information on the cash flows of the project.

C. Discounted payback period will be more than 3 years.

D. Discounted payback period wil also be 3 years.