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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this

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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 11 percent and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years, respectively Time Cash Flow 1 140 2 460 -1,048 4 660 5 26e 660 6 660 Use the payback decision to evaluate this project should it be accepted or rejected? Multiple Choice 121 years, accept years, accept 267 years, reject 400 vect

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