A CEO who led a famous furnaround at a large corporation has just retired. A publishing company has offered to pay her $1,800,000 today to spend the next two years writing a book obout her experiences. Accepting this opportunity means that the cuthor will give up lucrative speech opportunities over the next two years while she works on the book. She expects to make $950,000 per year giving speeches over the next two years if she does not accept the publishing opportunity. The former CEO estimates that 12% is a reasonable cost of copital for this project. What does the NPV rule say about this project What does the IRR rule say about this Investment? Should she occept the publishing deal? 203 and 104 The project has a positive NPV, so the NPV rule says to accept the project. The project's iRR is less than the cost of capifal, so the IRR fule says to reject the project. The outhor should reject the publiting deol. The project has a negative NPV, so the NPV rule says to reject the project, The project's iRR is less than the cost of capital, so the IRR fule says to reject the project. The outhor should reject the publishing deal, The project has a positive NPV, so the NPV rule says to occept the project. The project's IRR is less than the cost of capital, so the IRR fuie says to reject the project. The outhor should occept the publishing deal The project has a positive NPV, so the NPV rule says to accept the project, The project's iRR is greater than the cost of capital, so the IRR rule says to accept the project, The outhor should accept the publishing deol