10. Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half four and a half years, respectively. Use the payback decision to evaluate this project; should it be accepted or rejected? What is the payback period? 0 Time Cash Flow 2 $1,400 3 $1,600 5 $1,100 6 $2,000 -$5,000 $1,300 $1,600 YEAR CFAT -5000 1200 1400 1600 1600 1100 2000 6 MIRR 13.59% MIRR(CK80:CK86,8%,8%) MIRR = 13.59%, ACCEPT THE PROJECT A. What is the firms breakeven point in units? B. Draw a breakeven chart for this firm. FC = 20 P=2 VC = .80