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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 3 Time Cash Flow 1 30,000 2 45,000 4 30,000 5 10,000 -100,000 55,000 Use the discounted payback decision rule to evaluate this project should it be accepted or rejected

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