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15. Compute the IRR for Project X and note whether the firm should accept or reject the project with the cash flows shown as follows

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15. Compute the IRR for Project X and note whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 9 percent Time: 0 1 2 3 4 5 Cash flow: -1000 -75 100 1000 2000 A. 9 percent, accept B. 9 percent, reject C. 16.61 percent, accept D. 16.61 percent, reject

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