Use the following information to answer the question.

You are analyzing a proposed project and have compiled the following information:

year cash flow

0 -158000

1 34,500

2 78,500

3 92,000

You are analyzing a proposed project and have compiled the following information:

Required payback period 2.5 years

Required Return 12%

Should the proposed project be accepted based on its payback period? Why or why not?A)yes; PB = 2.49 yearsB)yes; PB = 2.51 yearsC)no; PB = 2.49 yearsD)no; PB = 2.51 years