THIS PROBLEM HAS $5$ QUESTIONS. EACH QUESTION HAS $4$ POSSIBLE ANSWERS. THERE IS A DROPDOWN MENU FOR EACH QUESTION.

Compute the indicated technique for Project $P$ and recommend whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is $10$ percent, the maximum allowable payback is $2\mathrm{.}5$ years, and the maximum allowable discounted payback is $3\mathrm{.}0$ years.

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