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

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20 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 10 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3.0 and 3.5 years, respectively points rime $122,800 $82,000 Cash flows 243,000 566,600 $84,800 $141,800 0210-21 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Payback elook Hint Should the project be accepted or rejected? Print D accepted rejected References

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