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You are analyzing a project and have 7 prepared the following data: use this data to answer cash out flow -$1000 cash inflow in year

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You are analyzing a project and have 7 prepared the following data: use this data to answer cash out flow -$1000 cash inflow in year 1 =$500,cash inflow in year 2= $400 cash inflow in year 3=$300 ,and cash flow in year 4= $100 Required payback period 2.5 years Required return 10% Based on the payback period of for *.this project, you should the project (2 ) years; accept 1.87 O years; accept 2.33 years; reject 2.33 years; reject 3.13

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