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. 4 5 6 3 2 Time: 1 0 Cash flow: -$ 5,200 $ 1,290 $ 2,490 $ 1,690 $ 1,690 $ 1,490 $ 1,290 Use the PI decision rule to evaluate this project. Note: Do not round intermediate calculations and round your final answer to 2 decimal places. PI Should it be accepted or rejected? (Click to select)

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. Use the PI decision rule to evaluate this project. Note: Do not round intermediate calculations and round your final answer to 2 decimat places. Should it be accepted or rejected