Question 29 (0.125 points) The company's required rate of return or weighted average cost of capital is 8%. After computing Payback Period, NPV, PI, and IRR, state whether you would accept or reject each project. Management's arbitrarily set payback period is 2.75 years. Project Homer details; Initial Outlay - $123,000; Cash Inflows = $30,000 per years for 5 years. Would Project Homer be accepted or rejected? A) Accepted OB) Rejected