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Check my work 4 Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return
Check my work 4 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. Skipped Time: Cash flow: 0 -54,900 1 $1,260 2 $2,460 3 $1,660 4 $1,660 $1,460 6. $1,268 Pank Use the NPV decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Hint NPV Should it be accepted or rejected? O accepted O rejected
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