suppose your firm is considering investing in aproject with the cash flow shown below, that required rate if return on projects of the rusk class is 8%, and the maximum allowable payback and discounted payback statitics for the project are 2.0 and 3.0

use the IRR decision rule to evaluate this project

please show work or excel formulas

Saved work 5.1 Problem 13-19 IRR (LG13-4) Suppose your firm is considering investing in a project with the cash flows shown below, that th this risk class is 9 percent, and that the maximum allowable payback and discounted payback years, respectively. Time: Cash flow: 0 -$8,300 1 $1,090 2 $2,290 3 $1,490 4 $1,490 5 $1,290 6 $1,090 Use the IRR decision rule to evaluate this project. (Negative amount should be indicated by an decimal places.) IRR Should it be accepted or rejected? rejected accepted