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 7 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively Canh flow -$5:100 1240 2.401.6.1,660 $1,440 $1,240 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Payback I years Should it be accepted or rejected? O rejected O accepted