Which of the following are disadvantages of the payback period decision rule? I. fails to account for the riskiness of the cash flows ll. ignores cash flows beyond the cutoff date Ill. ignores the time value of money IV. gives no indication of how much value is being created by the project V. simple to communicate to many different people I and IV only II and IV only ll, III, and V only I, II, III, and IV only I, II, III, IV, and V You are a small business owner and are interested in starting a new product line for your business. Suppose that the initial investment to introduce the new product is $100,000. You expect the new product line to generate cash flows of $12,000 one year from now. Each year thereafter, you expect the cash flows to increase at an annual rate of 3%. If you estimate the project cost of capital for this new product line to be 14%, then what is the net present value of this to your business and should you go ahead with it? -$20, 335.70; reject -$14, 285.70; reject $4, 226.21; accept $9, 090.91; accept $12, 363.64; accept