Question: XXa, Inc. is considering a five-year project that has an initial outlay or cost of $200,000. The respective future cash inflows from its project for

XXa, Inc. is considering a five-year project that has an initial outlay or cost of $200,000. The respective future cash inflows from its project for years 1, 2, 3 and 4 are: $60,000, $50,000, $40,000 and $30,000. Will it accept the project if it's payback period is 30 months? Explain.

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