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NEED HELP!! The cash flows associated with an investment project are as follows: Cash Flow -$65 000 Initial outflow Year 1 $20 000 Year 2

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The cash flows associated with an investment project are as follows: Cash Flow -$65 000 Initial outflow Year 1 $20 000 Year 2 $30 000 Year 3 $30 000 Year 4 $30 000 What is the discount payback period of the project and should the project be accepted, or rejected, if a three-year cutoff period is mandated? The discount rate is 15%. Select one: a. 3.3 years; reject b. 2.7 years; accept c. 3.6 years; accept d. 3.6 years; reject

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