3. You have been approached by a developer who wants you to invest in a strip mall complex. Based upon development costs, rent, and expenses they present the following cash flows to you. Using a cost of funds of 10% determine the conventional payback period and the discounted payback period. Would you make this investment? Justify your answer. Time Period Cash Flows 0 -$7,000,000 1 $2,500,000 2 $1,900,000 3 $1,800,000 4 $1,800,000 5 $1,900,000 6 $1,500,000