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A project has an IRR of 15% and the company's cost of capital is 9%. Which of the following statements is an accurate interpretation? Group

A project has an IRR of 15% and the company's cost of capital is 9%. Which of the following statements is an accurate interpretation? Group of answer choices If the project is independent with unconventional cash flows (net costs at two nonconsecutive periods and net positive cash flows in the other periods), then reject the project. If the project is the borrowing of money (net positive cash flow at period 0 and negative cash flows thereafter), then accept the project. If the project is independent with conventional cash flows (net costs at period 0 and net positive cash flows in every year thereafter), then accept the project. If the project is independent with unconventional cash flows

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