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Homework Assignment Seved Help Save & Exit Check Suppose your firm is considering investing in a project with the cash flows shown below, that the

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Homework Assignment Seved Help Save & Exit Check 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 tik dass is 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 30 and 3.5 years, respectively. Time Cash flow $242.00 13.00 $84,210 3141,700 3122700 Use the payback decision rule to evaluate this project. (Round your answer to 2 decimal places.) Payback Should the project be accepted or rejected? O accepted O rejected

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