Danielle was evaluating the feasibility of a project that has an initial investment of $220,000 and subsequent investments of $165,000 in the 1 st and 2 nd years. From the 3 rd year onwards, it will generate cost savings of $235,000 every year for 9 years. a. If the project has a terminal value of $100,000, what is the Internal Rate of Return (IRR)? % b. Should the project be accepted if the company's cost of capital is 24.00%