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Our comparyy is evaluating a project with projected future annual cash flows shown as follows and an appropriate cost of capital of 8.545 : Period

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"Our comparyy is evaluating a project with projected future annual cash flows shown as follows and an appropriate cost of capital of 8.545 : Period 0: 5 -88.550: Period 1: 5-41,850: Period 2:536,740.: Period 3: 565,790; Period 4: \$34,660; Period 5: 544,900; Compute the Payback statistic for the project and inolicate whether the company should accept or reject this project if the maximum allowable payback period is 5 years." 3.63 years / Accept 3.63 years / Reject 3.33 years / Acceot 3.33 yeart I Reject 2.22 ynars / Acoopt 222 years I Reject 2.93 year / Ploject

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