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Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of

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Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistic for the project are three and three and a half years, respectively. Time 0 1 2 3 4 5 Cash Flow -100 30 45 55 30 10 Use the NPV decision rule to evaluate this project; should it be accepted or rejected? $49, accept $39, accept $33, reject $139, accept

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