Braun Industries is considering an investment project that has the following cash flows:

Project

Year Cash Flows

0 -$961

1 $451

2 $479

3 $335

The companys WACC is 16.5 percent. What is the projects payback, internal rate of return (IRR), and net present value (NPV)? Should this project be accepted?

Group of answer choices

1.89 years; 16.89%; $19.08; No

2.09 years; 15.89%; -$9.08; Yes

2.29 years; 16.89%; $19.08; Yes

2.09 years; 15.89%; -$9.08; No

1.89 years; 16.89%; $19.08; Yes