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Cookie Dough Manufacturing has has the following cashflow from a project. If the required rate of return is 10% will you accept the project based

Cookie Dough Manufacturing has has the following cashflow from a project. If the required rate of return is 10% will you accept the project based on the IRR?

0 1 2 3
-32000 10,700 11,550 15,500

IRR is 6%, which is less than the required rate of return of 10%. So reject.

IRR is 11.29%, which is greater than the required rate of return of 10%. So accept

IRR is 8.19%, which is less than the required rate of return of 10%. So reject.

IRR is 12.66%, which is greater than the required rate of return of 10%. So accept.

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