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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 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 return on projects of this risk class is 9 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 45 years, respectively Time: Cash flow -55,200 1 $1,250 2 $2,450 3 $1,650 4 $1,65e 5 $1,450 5 $1,250 Use the NPV decision rule to evaluate this project (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations and round your final answer to 2 decimal places.) NPV Should it be accepted or rejected? O accepted O rejected

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