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Copper Corp is considering a project that will produce annual cash flows of $42,500 in Year 1 , $35,300 in Year 2, $24,970 in Year

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Copper Corp is considering a project that will produce annual cash flows of $42,500 in Year 1 , $35,300 in Year 2, $24,970 in Year 3 , and $45,980 in Year 4. What is the internal rate of return if the company has to invest $123,345 at the start of the project? (NOTE: Round your answer to two decimal places and report it as a percent: for 1.55% you would write 1.55 ) Question 2 5 pts If the required return for this project is 8%, should Copper Corp accept the project? Why or why not

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