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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 4.5 years, respectively Time: Cash flow: --$10,200 $2,300 2 $3,500 3 $2,700 4 $2,700 5 $2,500 6 $2,380 Use the MIRR decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) MIRR 96 Should it be accepted or rejected? Osccepted rejected

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