Question: Please answer with formula and work 6. Suppose your firm is considering investing in a project with the cash flows shown as follows, and that

 Please answer with formula and work 6. Suppose your firm is

Please answer with formula and work

6. Suppose your firm is considering investing in a project with the cash flows shown as follows, and that the maximum allowable payback statistic for the project are two years Cash Flow -125,000 65,000 78,000 105,000 105,000 25,000 Calculate the payback period; should it be accepted or rejected? Time 0 2 3

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