2) Assume that you are considering a project. Its initial after-tax cost is $1,500,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $2,900,000 in year2, $2,700,000 in year 3 and $2,300,000 in year 4. Roughly calculate the Internal Rate of Return (IRR) of the project. b. Discuss whether you accept the project or not. a.

2) Assume that you are considering a project. Its initial after-tax cost is $1,500,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1,$2,900,000 in year2, $2,700,000 in year 3 and $2,300,000 in year 4 . a. Roughly calculate the Internal Rate of Return (IRR) of the project. b. Discuss whether you accept the project or not