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 s 10 percent, and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years respectively. Use the discounted payback decision rule to evaluate this project, should it be accepted or rejected? 312 years reject 2.88 years accept 2.80 years, accept 31 years, reject