also find npv and discounted payback period

Question 47 1 pts A capital investment project is estimated to have the following after-tax cash flows, by year Year 0 1 2 3 4 Cash Flow -$60,000 $22.500 $22,500 $5,000 $15,000 The company utilizes a discount rate of 10% to evaluate capital projects. You may have rounding errors in your calculations so choose the closest answer. Assume cash flows occur evenly over the year. Assume the firm has a payback cutoff rule of 4 years. Based on the calculated Payback period and Discounted Payback Period, what would our decision rule be? Reject using Payback Period; Accept using Discounted Payback Period Accept using Payback Period: Accept using Discounted Payback Period Reject using Payback Period; Reject using Discounted Payback Period Accept using Payback Period: Reject using Discounted Payback Period