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 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 35 and 45 years, respectively Time: Cash flow: 1 $1,200 2. $2,400 6 $1,200 -$5,000 $1,600 $1,600 $1,400 Use the IRR decision rule to evaluate this project. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) IRR 2,88% Should it be accepted or rejected? O accepted O rejected 2/ 7 of 13 search )