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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. 4 5 Time: 10 2 3 Cash Flow $5500 $1100 $1050 $200 Use IRR decision rule to evaluate the project. (Round your answers to 2 decimal places) $0 $3010 11 Multiple Choice 0.67. Reject -0.73%; Reject -1.52% Reject OX, Reject

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