5 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 -65,600 1 $1,180 2 $2,380 3 $1,580 $1,580 5 $1,380 $1,180 eBook 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.) Hint IRR % Print References Should it be accepted or rejected? accepted rejected 8 Your firm needs a computerized machine tool tathe which costs $44,000 and requires $11,400 in maintenance for each year of its 3. year life. After three years, this machine will be replaced. The machine falls into the MACRS 3-year class life category. Assume a tax rate of 35 percent and a discount rate of 11 percent of the lathe can be sold for $4.400 at the end of year 3, what is the after-tax salvage value? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Salvage value after $ 2.280.74 tax