Question 7 4 pts mm Your company is considering a project that has an upfront cost of $4,000,000 and anticipated cash flows per the table below. Given these cash flows, and a required payback period of 3 years, would your company accept this project? What is your rationale for this decision. Just as a side note, your firm has a required return on projects like this of 20% Year 0 2 Cash Flow 3 4 -$4,000,000 $1,000,000 $1,000,000 $1,000,000 $2,000,000 $3,000,000 No, the payback period exceeds the time established by your firm No, the IRR is less than the required retum Yes, the IRR exceeds the required return Yes, the payback period is right at three years