Suppose your firm is considering two mutually exclusive required projects with the cash flows shown below. The required te of return on projects of both of the risk classis 12 percent and that the minum wwwble playback and discounted payback statistic for the projects are 2 and 3 years, respectively O -34.000 1 24,000 2 44,000 15.000 Time Project Kash Flow Project Cash Flow 44,000 24.000 6000 64.000 Use the payback decision Tule to evaluate these projects which one should it be accepted or rejected Mumple O cor Art A com And

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