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An analyst has gathered the following information about a project: - Cost: $12,000 - Annual cash inflow: $5,000 - Life: 5 years - Cost of

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An analyst has gathered the following information about a project: - Cost: $12,000 - Annual cash inflow: $5,000 - Life: 5 years - Cost of capital: 12% Which of the following statements about the project is least accurate? The IRR of the project is 30.8%; reject the project. The discounted payback period is 3.0 years. The NPV of the project is $6,024; accept the project

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