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Brooke was evaluating the feasibility of a project that has an initial investment of $195,000 and subsequent investments of $160,000 in the 1st and 2nd

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Brooke was evaluating the feasibility of a project that has an initial investment of $195,000 and subsequent investments of $160,000 in the 1st and 2nd years. From the 3rd year onwards, it will generate cost savings of $200,000 every year for 7 years. a. If the project has a terminal value of $ 105,000, what is the Internal Rate of Return (IRR)? 0.00 % E Round to two decimal places b. Should the project be accepted if the company's cost of capital is 21.00%

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