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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of retum on projects of this

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Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of retum on projects of this risk class is 14 percent, and that the maximum allowable poyback and discounted payback statistic for the project are 2 and 3 yeats, respectively, Use the payback decision rule to evaluate this project should it be accepted or rejected? Multpie Choice 116 years, occept 4.00 years, reject O years, occem 2.59 years reject

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