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$1,000. It will provide the cash inflows of $500 in year 1,$300 in year 2 , and $100 each year hereafter (starting in year 3

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$1,000. It will provide the cash inflows of $500 in year 1,$300 in year 2 , and $100 each year hereafter (starting in year 3 ). The required rate of return is 10% for this project. Suppose we have a 6-year payback cutoff. Based on the payback period rule, the payback period for this project is years and we should this project. A) 4; accept B) 4; reject C) 5 ; accept D) 5 ; reject

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