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 $13$ percent, and that the maximum allowable

payback and discounted payback statistics for your company are $3$ and $3\mathrm{.}5$ years, respectively.

Use the MIRR decision rule to evaluate this project. $($Do not round intermediate calculations and

round your final answer to $2$ decimal places.$)$

MIRR

Should it be accepted or rejected?

accepted

rejected