Question: Assignment Saved Help Save & Exit Submit Check my work Problem 13-19 IRR (LG13-4) Suppose your firm is considering investing in a project with the

 Assignment Saved Help Save & Exit Submit Check my work Problem

Assignment Saved Help Save & Exit Submit Check my work Problem 13-19 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 7 percent, and that the maximum allowable payback and discounted payback statistics for the project are 3.5 and 45 years, respectively Time: Cash Flow: --57,100 1 $1,130 $2,330 3 $1,530 4 51, 530 5 $1,330 6 $1. 130 Use the IRR decision rule to evaluate this project. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) ERR Should it be accepted or rejected? O accepted rejected

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