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You are considering an investment with the following cash flows. Your required return is 8%, you require a payback of 3 years and a discounted

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You are considering an investment with the following cash flows. Your required return is 8%, you require a payback of 3 years and a discounted payback of 4 years. If your objective is to maximize your wealth, should you take this investment? Year. Cash Flow o -50,000 20,000 20,000 N 3 20,000 4 20,000 S -50,000 Select one: a. Yes, because both the payback and the discounted payback are less than 2 years. b. Yes because the discounted payback is less than 4 years Select one: a. Yes, because both the payback and the discounted payback are less than 2 years. O b. Yes, because the discounted payback is less than 4 years. O c. No, because the project cash flows are not conventional. d. Yes, because the payback is 2.5 years. oe. No, because the NPV is negative

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