Check my work 23 Suppose your firm is considering investing in a project with the...
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Check my work 23 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 11 percent, and that the maximum allowable payback and discounted payback statistics for your company are 3.0 and 3.5 years, respectively 333 points Time: Cash flow 3 4 -$240,000 $66,300 $84,500 $141,500 $122,500 5 581,700 Book Use the discounted payback decision rule to evaluate this project. (Do not round Intermediate calculations and round your final answer to 2 decimal places.) Hint Discounted payback years Print References Should it be accepted or rejected? Accepted O Rejected
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