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Suppose your firm is considering investing in a project with the cash flows shown below. The required rate of return on projects is 9 percent,

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Suppose your firm is considering investing in a project with the cash flows shown below. The required rate of return on projects is 9 percent, and the maximum allowable payback period is 2.0 . Use the appropriate decision rule to calculate the net present value for this project. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) Suppose your firm is considering investing in a project with the cash flows shown below. The required rate of return on projects is 9 percent, and the maximum allowable payback period is 2.0 . Use the appropriate decision rule to calculate the net present value for this project. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

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