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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 this risk

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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 this risk class is 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 20 and 30 years, respectively. Cash flow -17,300 $1,120 32,320 $1,520 $1,28 1,320 $1,120 Use the Pl decision rule to evaluate this project. (Do not round Intermediate calculations and round your final answer to 2 decimal places) Should it be accepted or rejected? rejected accepted MacBook Air 20

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