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2. Project MM has the following cash flows: 10% 0 1 2 3 -$1,000 $2,000 $2,000 $3,350 Calculate MM's NPV at discount rates of 0%,

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2. Project MM has the following cash flows: 10% 0 1 2 3 -$1,000 $2,000 $2,000 $3,350 Calculate MM's NPV at discount rates of 0%, 10%, 12.2258%, 25%, 122.1470%, and 150%. What are MM's IRRs? If the cost of capital were 10%, should the project be accepted or rejected? NPV- NPV WACC 0 10% 12.2258% 25% 122.1470% 150%

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