11 Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively. 10 points Time: 0 1 2 Skipped Cash flow: -$7,300 $1,120 $2,320 3 $1,520 4 $1,520 $1,320 6 $1,120 eBook Hint Use the Pl decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) PI References Should it be accepted or rejected? rejected O accepted Check my work