I was wondering if you could help me with this question

Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years, respectively. Time 0 1 2 3 4 5 6 Cash Flow -1,100 80 520 720 720 320 720 Use the payback decision rule to evaluate this project; should it be accepted or rejected?

Saved Help Save & Exit Subr Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 12 percent, and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years, respectively. Time Cash Flow 0 -1,100 1 80 2 520 3 720 4 720 5 320 6 720 Use the payback decision rule to evaluate this project; should it be accepted or rejected? Multiple Choice o 2.69 years, reject o O years, accept o 4.00 years, reject o 1.11 years, accept