A project has cash flows of –$108,000, $52,800, $53,200, and $83,100 for Years 0 to 3, respectively. The required payback period is two years. Based on the payback period of _____ years for this project, you should _____ the project.
A. 2.46; accept
B. 2.29; reject
C. 1.79; accept
D. 1.98; accept
E. 2.02; reject