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2 pts Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects

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2 pts 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 3.5 and 4.5 years, respectively. Time: Cash flow: 1 -$5,100 $1,280 4 2 $2,480 3 $1,680 $1,600 6 $1,280 $1,480 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Payback years Should it be accepted or rejected

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