1.DIAP Q Search this course Chapter 9 Assignment Suppose you are evaluating a project with the cash inflows shown in the following table. Your boss has asked you to calculate the project's net present value (NPV). You don't know the project's initial cost, but you do know the project's regular, or conventional, payback period is 2.50 years. The project's annual cash flows are: Year Year! Year 2 Year 3 Cash Flow $400,000 500,000 400,000 300,000 Year 4 If the project's desired rate of return is 9.009, the project's NPV-rounded to the nearest wholt dollar- Which of the following statements indicate a disadvantage of using the discounted payback period for capital budgeting decisions? Check all thar apply The payback period does not take into account the cash flows produced over a projects entire life The discounted payback period does not take into effect the time value of money ettects of a project's cash flows. The discounted payback period is calculated using net income instead of cash flows