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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 elass is 11 percent, and that the maximum allowable payback and discounted payback statistic for the project are 2 and 3 years, respectivoly, Use the discounted payback decision rule to evaluate this project; should it bo accepted or rejected? Multiple Choice 316 years. feject 319 years, reject 275 yeacs, sccept 284 yeors, accept

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