Discounted payback Discounts the cash fows at the firm required rate of return Payback period is calculated using these discounted net cash flows Pr robles Cutoffs are still subjective Still does not examine all cash flowsDiscounted Payback • Discounts the cash flows at the firm’s required rate of return. • Payback period is calculated using these discounted net cash flows. Problems: • Cutoffs are still subjective. • Still does not examine all cash flows