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10-12. (IRR with uneven cash flows) TBC Bank is considering purchasing a new building for newly opened branch in region. Required rate of return for

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10-12. (IRR with uneven cash flows) TBC Bank is considering purchasing a new building for newly opened branch in region. Required rate of return for the project is 10 percent, and it will generate the following cash flows; cash inflows are estimated as annual savings from rent, which are changed as rent is quoted in foreign currency and with increasing operations in the last 2 years, the bank would need additional space. What do you think of this project regarding IRR decision rule

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