12. You are considering an investment with the following cash flows and your required rate of return is 8%. What is the project's MIRR? According to MIRR rule, should you take this investment? Year 0 2 Cash Flow -$51,976.58 $15,000 $15,000 $15,000 $15,000 A) 10.77%, yes C) 5.89%, no B) 9.10%, yes D) 6.79%, no 13. Which of the following statements is correct? A) Assuming a project has conventional cash flows, the NPV will be positive if the IRR is less than the cost of capital B) Generally, an independent project not acceptable by the NPV method will be acceptable by the IRR method. C) If IRR = k (the cost of capital), then NPV = 1. D) If NPV = 0, then PI = 1