0 - Test 5- Requires Respondus LockDown Browser Time Left:1:22:08 Ralph King: Attempt 1 Question 31 (0.123 points) The company's required rate of return or weighted average cost of capital is 8%. After computing Payback Period, NPV, Pl, and IRR, state whether you would accept or reject each project. /Management's arbitrarily set payback period is 2.75 years. Project Homer details; Initial Outlay = $123,000; Cash Inflows = $30,000 per years for 5 years. Compute PI for Project Homer. A) 0.8078 B) 0.9025 O C) 0.9739 OD) 1.2699 Question 32 (0.125 points) The company's required rate of return or weighted average cost of capital is 8%. After computing Payback Period, NPV, PI, and IRR, state whether you would accept or reject each project. Management's arbitrarily set payback period is 2.75 years Project Homer Initial Outlay = $123,000 Cash Inflows = $30,000 per years for 5 years. Compute Payback period for Project Homer. A) 3.9 years (B) 4.1 years O C) 4.5 years ( D) 5.1 years