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A project is projected to cost $165,000 to undertake. It will generate positive cash inflows as follows: Year 163,120; Year 2- 72,800; Year 3 -

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A project is projected to cost $165,000 to undertake. It will generate positive cash inflows as follows: Year 163,120; Year 2- 72,800; Year 3 - $92,000. What is the project's IRR? Should it be accepted? Assume that 12% is the hurdle rate. - Select one: a. 12.2%; yes O b. 12.2%; no O c. 16.85%; yes O d. 16.85%; no e. 17.0%; indifferent

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