QUESTION12 Not yet answered You are considering an investment with the following cash flows. Your required return is 8%, you require a payback of 3 years and a discounted payback of 4 years. If your objective is to maximize your wealth, should you take this investment? Marked out of 1.00 P Flag question Year. Cash Flow O -50,000 1 20,000 2 20,000 20,000 4 20,000 5 -50,000 Select one: O a. No, because the project cash flows are not conventional. O b. No, because the NPV is negative. O c Yes, because the discounted payback is less than 4 years O d. Yes, because both the payback and the discounted payback are less than 2 years e Yes, because the payback is 2.5 years