What is the project's payback period? Would the company accept or reject the project based on the payback perlod criterion? O 2.44 years; roject 2.44 years; accept 2.56 years; reject 2.56 years; accept WACC (Required Return): 8.00% 2 $80,000 Year -$200,000 $70,000 $90,000 Cash flows Required payback period: 2 years Required discounted payback period: 2.5 years