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

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Suppose your timis considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years, respectively Time Cash Flow O 1 2 3 4 -1070 100 500 700 700 5 6 300700 Use the payback decision rule to evaluate this project should it be accepted or rejected Mums Choice years 0 years agogr 4.00

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