Compute the Discounted Payback statistic for Project A and recommend whether the firm should accept or reject the project with the cash flows shown below where the cost of capital is 12 % and the maximum allowable payback is 3 years. Time 0 1 2 3 14 15 Cash Flow ($92,000) $42,999 $45,668 $38,554 $36,778 $47,000 O The discounted payback is 2.63 years; the project should be accepted. O The discounted payback is 2.77 years; the project should be rejected. O The discounted payback is 3.15 years; the project should be rejected. The discounted payback is 3.52 years; the project should be accepted.

Compute the Biscuntedi Pmpack statistic for Project A and recommend whether the firm should accept or reject the project Willo tie cash fows shown bekow where the cost of capltal is 12 W and the maximum atlowable payback is 3 years. The discounted payback is 2.63 years the project should be accepted. The discounted parybick is 2.77 years; the project should be rejected. The discounted payback is 3.15 years the project should be rejected. The discounted payback is 3.52 years; the project should be accepted