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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 projects of this risk

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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 projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for t project are 3.5 and 4.5 years, respectively. Use the IRR decision rule to evaluate this project. (Do not round intermediate calculations and round your final answe 2 decimal places.) Should it be accepted or rejected? rejected accepted

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