a firm wants to get their money back asap on a project. a) (5 pts) if the company's cost of capital is 10%, what is the discounted payback period on the following project: estimated cash flows: time 0 (today) -$24,000 year 1 $14,000 year 2 $13,000 year 3 $15,000 b) (2 pts) if the maximum allowable discounted payback is 1.5 years, should the company accept the project? show all work for full credit.
