Janice Is Considering an Investment Costing $65,500 with Cash Flows

question 41

Multiple Choice

Janice is considering an investment costing $65,500 with cash flows of $48,700 in Year 2,$36,500 in Year 3,and $19,900 in Year 4.The discount rate is 11 percent,and the required discounted payback period is 3 years.Should this project be accepted or rejected? What is the discounted payback period?

• A)Rejected 2.82 years
• B)Accepted;1.97 years
• C)Accepted;2.38 years
• D)Rejected;3.77 years
• E)Accepted;2.97 years

---

Definitions:

Hip Muscle

The hip muscle is part of a group of muscles around the hip joint that supports movement and stability of the hip, including flexors, extensors, abductors, and adductors.

Piriformis

A muscle in the gluteal region of the lower limb, which can sometimes be involved in sciatic nerve compression.

Iliacus

A muscle located in the pelvis, part of the iliopsoas group, important for flexing the hip and stabilizing the lower body.

Sartorius

The sartorius is a long, thin, superficial muscle that runs down the length of the thigh in the human body, known for being the longest muscle.