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6 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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6 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 7 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively Tini Cash flow 0 -5, 100 1 $1,240 2 $2.440 3 $1,640 $1,640 5 $1,440 6 $1,240 Use the NPV decision rule to evaluate this project. (Do not round Intermediate calculations and round your final answer to 2 decimal places.) NPY Should it be accepted or rejected? rejected O accepted

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