7 Problem 13-19 IRR (LG13-4) 8.33 points 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 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 4.5 years, respectively. eBook H 1 2 3 4 5 6 Cash flow: -$7,400 $1,120 $2,320 $1,520 $1,520 $1,320 $1,120 Time: 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.) Print IRR o References Should it be accepted or rejected? rejected accepted Chec