10 10 points Problem 13-21 NPV (LG13-3) Suppose your firm is considering investing in a project...

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10 10 points Problem 13-21 NPV (LG13-3) 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 9 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively. Time: 0 1 Cash flow: -$7,300 $1,160 2 $2,360 3 $1,560 4 $1,560 5 $1,360 6 $1,160 Use the NPV decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete but not entirely correct. NPV $ 4,285.14 x A 10 10 points Problem 13-21 NPV (LG13-3) 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 9 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively. Time: 0 1 Cash flow: -$7,300 $1,160 2 $2,360 3 $1,560 4 $1,560 5 $1,360 6 $1,160 Use the NPV decision rule to evaluate this project. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Answer is complete but not entirely correct. NPV $ 4,285.14 x A