9.1 points eBook Hint References Mc Problem 13-13 Spreadsheet Problem: NPV (LG13-3) 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 risk class is 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3.0 and 3.5 years, respectively. Time: Cash flow: 0 1 -$239,000 $66,200 NPV 2 $84,400 Should it be accented or rejected? 3 4 $141,400 $122,400 Use the NPV decision rule to evaluate this project. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. 5 $81,600

Problem 13-13 Spreadsheet Problem: NPV (LG13-3) Suppose yout firm is considering investing in a project with the cash flows shown below, that the required rate of refurn on projects o this risk class is 11 percent, and that the maximum allowable poyback and discounted payback statistics for your company are 30 and 3.5 years, respectively Use the NPV decision rule to evaluate this project Note: Do not round intermediate calculetions and round your final answer to 2 decimal ploces. Shoulut it he Neranted ot reiactad