6 10 points Connect Only Problem 13-11 IRR (LG13-4) Suppose your firm is considering investing in...

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6 10 points Connect Only Problem 13-11 IRR (LG13-4) 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 3.5 and 4.5 years, respectively. eBook Time: 0 1 3 Cash flow: -$6,500 $1,150 $2,350 $1,550 $1,550 $1,350 2 4 5 6 $1,150 Hint Use the IRR decision rule to evaluate this project. Print Note: Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. References IRR % Should it be accepted or rejected? Accepted Check my work 6 10 points Connect Only Problem 13-11 IRR (LG13-4) 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 3.5 and 4.5 years, respectively. eBook Time: 0 1 3 Cash flow: -$6,500 $1,150 $2,350 $1,550 $1,550 $1,350 2 4 5 6 $1,150 Hint Use the IRR decision rule to evaluate this project. Print Note: Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. References IRR % Should it be accepted or rejected? Accepted Check my work