Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate ofCompute the discounted payback statistic for Project $C$ if the appropriate cost of capital is $8$ percent and the maximum allowable

discounted payback period is three years. $($Do not round intermediate calculations and round your final answer to $2$ decimal

places.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Discounted payback period,$3\mathrm{.}008,$years$]]$

Should the project be accepted or rejected?

accepted $vv$

rejectedreturn on projects of

this risk class is $7$ percent, and that the maximum allowable payback and discounted payback statistics for the project are $3\mathrm{.}5$ and $4\mathrm{.}5$

years, respectively.

Use the PI decision rule to evaluate this project. $($Do not round intermediate calculations and round your final answer to $2$ decimal

places.$)$

Should it be accepted or rejected?

accepted

rejected