Capital Financial has an investment project that provides the following cash flows: 10,000( year 0) - +5,500 (year 1) - +7,000 (year 2) - +8,000 (year 3) - - 6,500 (year 4) The CEO of Capital Financial advocates that the firm uses NPV to evaluate this project instead of IRR. Why is this a good idea in this instance? There could be multiple IRRs You need to flip the IRR rule in this case There are mutually exclusive projects