Discounted Payback Period - A project has an initial cost of $150,000 and expected cash inflows of $80,000, $30,000, $35,000 and $55,500 over Years 1 to 4, respectively. What is the Discouted Payback Period of the Projec if the Required Rate of Return is 12 percent? Required Rate of Return 12% Year PV of Cash Flows Value to Recover 0 1 $ $ $ Cash Flows (150,000.00) 80,000.00 30,000.00 35,000.00 55,500.00 2 3 $ 4 $ Payback Period