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EV Hyper Chargers is considering a project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 $30 million Use

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EV Hyper Chargers is considering a project with the following cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 $30 million Use the IRR rule to decide which of the following statements is correct: The project should be rejected if the WACC is 17%, as the IRR of 15.76% is lower than the WACC The project should be accepted if the WACC is 17%, as the IRR of 15.76% is lower than the WACC The project should be accepted because the IRR of 14.81% is positive The project should be accepted if the WACC is 13%, as the IRR of 14.81% is higher than the WACC The project should be rejected if the WACC is 13%, as the IRR of 14.81% is higher than the WACC

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