Problem N1 : C. Marks) Project P has a cost of $), and cash flows of $.. per year for three years plus another $)...in Year The discount rate is 1 percent. a. What's the discounted payback period? b. If the company requires a payback of three years or less, would the project be accepted? Problem N1 : C. Marks) Project P has a cost of $), and cash flows of $.. per year for three years plus another $)...in Year The discount rate is 1 percent. a. What's the discounted payback period? b. If the company requires a payback of three years or less, would the project be accepted