Question: Please answer all questions and show your work directly on chegg, no attachments or screen shots, QUESTION 15 Taggart Inc. is considering a project that

Please answer all questions and show your work directly on chegg, no attachments or screen shots,

QUESTION 15

Taggart Inc. is considering a project that has the following cash flow data. What is the project's payback? If the firm has a cutoff payback period to be 2 years, should the firm accept the project?

Year	0	1	2	3
Cash flows	-$1,225	$800	$500	$200

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