Question: Problem 13-10 Spreadsheet Problem: Discounted Payback (LG13-2) Suppose your firm is considering investing in a project with the cash flows shown below, that the required
Problem 13-10 Spreadsheet Problem: Discounted Payback (LG13-2) 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 and 3.5 years, respectively Use the discounted payback decision rule to evaluate this project Note: Do not round intermediate calculations and round your final answer to 2 decimal places. Should it be accepted or rejected
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