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12 Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects of
12 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 9 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively, Tim CAI | PHI 0 -06.200 1 $1,030 2 $2,230 Bu $1.430 4 $1.430 5 $1,230 $1.030 Use the IRR decision rule to evaluate this project. (Negative amount should be indicated by a minus sign, Round your answer to 2 decimal places.) IRR 5 Should it be accepted or rejected? rejected accepted
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