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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

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 13 percent, and that the maximum allowable payback and discounted payback statistics for your company are 2.5 and 3.0 years, respectively.
Time: 012345
Cash flow: $225,000 $64,800 $83,000 $140,000 $121,000 $80,200
Use the NPV decision rule to evaluate this project.

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