The following table lists the yearly cash flows for a new investment. The discount rate for this investment is 12% and the company requires all investments to have a payback period less than 3 years. Using the following decision rules, state if the project should be accepted or rejected 1) Payback perild 2) NPV 3) IRR 4) PI 102 Year- Cashflow 260,000 70,000 120,000- 150,000- 70,000 The following table lists the yearly cash flows for a new investment. The discount rate for this investment is 12% and the company requires all investments to have a payback period less than 3 years. Using the following decision rules, state if the project should be accepted or rejected 1) Payback perild 2) NPV 3) IRR 4) PI 102