Considera capital expenditure project to purchase and install new equipment with an initial cash outlay of 28.000. The project is expected to generate tax chochy orten years, and at the end of the project. a one-time after-tax cash flow of $2,600 is expected. The firm has a weighted average cost of capital of 7 percent and relation Tojects of this type. Determine whether this project should be accepted or rejected using Accept since IRR IS 7.52 percent and is greater than 7 percent Reject since IRR IS 6.53 percent and is less than 7 percent Accept since IRR IS 7.52 percent and is greater than 0 percent Accept since IRR is 6.53 percent and is greater than 0 percent Reject since IRR is 6.53 percent and is less than 0 percent Consider a capital expenditure project to purchase and install new equipment with an initial ca for ten years, and at the end of the project, a one-time after-tax cash flow of $2,600 is expected projects of this type. Determine whether this project should be accepted or rejected using IRR. Accept since IRR is 7.52 percent and is greater than 7 percent Reject since IRR is 6.53 percent and is less than 7 percent Accept since IRR is 7.52 percent and is greater than 0 percent Accept since IRR is 6.53 percent and is greater than 0 percent Reject since IRR is -6.53 percent and is less than 0 percent initial cash outlay of $28,000. The project is expected to generate net aft expected. The firm has a weighted average cost of capital of 7 percent ar sing IRR. he project is expected to generate net after-tax cash flows each year of $3,900 ted average cost of capital of 7 percent and requires a 3-year payback on