Considera capital expenditure project to purchase and install newment with an in cash outlay of $17.000. The proxect is expected to generate ne afer-tax cash flows each year of 52.000 for nine years and more end of the project one time we tak cash flow of $1.600 is expected. The firm has a weighted average cortof capital of 1 percent and requires a year pack on projects of the type Determine whether this project should the ed or rejected ut since IRR is 10.4 percent and sent per Reed since I i 3.56 percent and is less than 1 percent Acceptance 10L54 percent and greater than percent Accept R50 percent and is greater than percent Bject in RR-456 percent and is less than percent