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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 8 percent, and that the maximum allowable payback and discounted payback statstics for the project are 3.5 and 4.5 years, respectuely. Use the IRR decision rle to evaluate this profect (Negatlve omount should be Indicated by o minus sign. Round your onswer to 2 decimal places.) Should it be accepted or rejected? accepted rejected

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