And why?

4. An engineering consultant's financial analyst investigated the cash flow of an expansion proposal, and computed internal rates of return of 10% and 50% (per year). The consultant's MARR is 20%. Which of the following best describes these results? The proposal should be rejected, because one of the IRRs is less than MARR. The proposal should be accepted, because one of the IRRs exceeds the MARR. The proposal should be rejected because more than one IRR was obtained. The proposal should be analyzed by an alternative method, such as AW, PW or EROR. a. d