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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

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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 risk class is 5 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.0 and 4.0 years, respectively. Time: 0 3 Cash Flow: $5500 $1100 $1050 $200 Use IRR decision rule to evaluate the project. (Round your answers to 2 decimal places). 4 $0 5 $3010 Multiple Choice O 0.67%; Reject -1.52%; Reject 0%; Reject -0.73%; Reject

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