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4a) What is the IRR (internal rate of return) for the following project if its initial investment is $5,000,000 and it is expected to provide

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4a) What is the IRR (internal rate of return) for the following project if its initial investment is $5,000,000 and it is expected to provide cash inflows of $1,800,000 in year 1,$1,900,000 in year 2,$1,700,000 in year 3 , and $1,300,000 in year 4 ? (10 pts) 4b) If the cost of capital for this firm is 8%, are you going to accept this project and why? (5 pts)

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