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AVE 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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AVE 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 Time: cash flow 0 -$15,000 $2,800 $4,000 3 $3,200 $3,200 33,000 $2,800 Use the MIRR decision rule to evaluate this project. (Do not round Intermediate calculations and round your final answer to 2 decimal places.) MIRR % Should it be accepted or rejected? rejected O accepted

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