This will only work if the character was level 16 before ascension (and getting to 16 takes way more than 5 hours)
it may have worked in first month or two after release, actually when gw first came out acension reward was repeatable so you could kill your mirror self until you hit level 20 getting 50000 points each completion
info on ascension->
http://guildwars.wikia.com/wiki/Augury_ ... Mission%29 now there are conditions as to what the reward is and who can earn it
at 16 you will have 93,000 exp points roughly and the full 50000 reward would get you to level 20, normal game mechanics
see exp table ->
http://guildwars.wikia.com/wiki/Experience
also many people wouldn't have friends to do everything listed above, if they did it seems unlikely they would have trouble reaching lvl 20 in a short span of time and without friends how would a low level be able to pay for the runs
this submission is vague, slightly untrue in its assumption (if you ascended at lvl 5 you would not hit 20)
so I would have to say no to this submission