Save Help Save & Exit Submit Check my work 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 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively. Time! 1 2 Cash flow: -$6,500 $1,020 $2,220 $1,420 $1,420 $1,220 $1 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.) IRR Should it be accepted or rejected? accepted rejected Prev 1 of 10 Next > MacBo newconnect. meducation.com Help Save & Exit Submit Check my work 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 8 percent, and that the maximum allowable payback and discounted payback statistics for the project are 2.0 and 3.0 years, respectively. 222 $1,420 $1,426 $1,220 $1,828 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.) IRR 749% Should it be accepted or rejected? accepted O rejected Prev 1 of 10 Next > DO CR009 @ROHO @I MacBook Air