dates cash flows

12/10/2022 -$12,000.00

4/10/2023 $4,000.00

10/2023 $4,000.00

12/10/2023 $4,000.00

4/10/2024 $4,000.00

Your venture has signed a new consulting contract that will require you to invest in new analytical software and a new computer. The contract will generate the cash flows at specific times. You decision rule is to only accept projects that have an internal rate of return that exceeds 40%. This project should be accepted.

True

False