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9.) As an analyst for your firm, you have found an IRR of 21.55% for the following project cash flows. If your firm has a
9.) As an analyst for your firm, you have found an IRR of 21.55% for the following project cash flows. If your firm has a 13% cost of capital, what is your recommendation for this project? Year 0 1 2. 3 4 Project $350,000 -$225,000 -$150,000 -$85,000 -$35,000 a. The project should be accepted because the IRR is greater than the cost of capital. b. The project should be rejected because the IRR is greater than the cost of capital. c. The project should be accepted because the IRR is less than the cost of capital. d. The project should be rejected because the IRR is less than the cost of capital
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