4 points * A firm's discount rate for all projects is 12%. The project under consideration requires an initial investment today of $100,000 and provides cash inflows of $25,000 annually for six years. What should the firm do? 00 Accept the project since the project's IRR is less than the discount rate of 12% Reject the project since the project's IRR is less than the discount rate of 12%. Accept the project since the project's IRR is greater than the discount rate of 12%. Reject the project since the project's IRR is greater than the discount rate of 12%