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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 11 percent, and that the maximum
allowable payback and discounted payback statistics for your
company are 3.0 and 3.5 years, respectively.Use the NPV decision rule to evaluate this
project.(Do not round intermediate calculations and
round your finalanswer to 2 decimal places.)Should it be accepted or rejected?acceptedrejected
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 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3.0 and 3.5 years, respectively.
\table[[Time:,0,1,2,3,4,5],[Cash flow:,-$242,000,$66,500,$84,700,$141,700,$122,700,$81,900
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