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A project has cash flows of -$128,000, $52,000, $60,200, and $183,100 for years 0 to 3 respectively. The required payback period is two years. Based
A project has cash flows of -$128,000, $52,000, $60,200, and $183,100 for years 0 to 3 respectively. The required payback period is two years. Based on the payback period of _______ for this project, you should, _____ the project.
A. 2.46, accept
B. 1.79 accept
C. 2.29, reject
D. 2.08, reject
E. 2.79, accept
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