1. Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the project are three and three and a half years, respectively.

Time	0	1	2	3	4	5
Cash Flow	?100,000	30,000	45,000	55,000	30,000	10,000

Use the MIRR decision rule to evaluate this project; should it be accepted or rejected?