5. The projected cash flows for the rare earth project are shown in Table 3. You must indicate a specific IRR for the project. What is the proper IRR? Should ABC accept this project?

Table 2. Mutually Exclusive Project with Unequal Lives WACC 10.00% Year (t Project SS -$8,212,670 $5,000,000 $5,000,000 Project LL $15,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000 Table 3. Multiple IRRs: Palladium Project (Negative Cash Flows at End) WACC: 10.00 Year (t $10,000,000 $14,000,000 $14,000,000 $18,800,000