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3 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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3 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 is class is 12 percent, and that the maximum allowable payback and discounted payback statistics for your company ace 2.5 and 30 years, respectively 3.35 Tine: Cash Flow! -364,000 165.300 183,500 $140,500 5121,500 580,700 Use the IRR decision rule to evaluate this project. (De not round Intermediate calculations and round your final answer to 2 decimal ) o e o Should it be accepted or rejected? rejected O accepted

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