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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

image text in transcribed 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 2.0 and 3.0 years, respectively. Use the discounted payback decision rule to evaluate this project. Note: Round your answer to 2 decimal places. Should it be accepted or rejected

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