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

image text in transcribed Suppose your firm is considering investing in a project with the cash flows shown below, that the required rate of return on projects o this risk class is 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3 and 3.5 years, respectively. Use the MIRR decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Should it be accepted or rejected? rejected accepted

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