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EV Hyper Chargers is considering a project with the following cash flows: Year0$133millionYear1$30millionYear2$40millionYear3$55millionYear4$75million Use the IRR rule to decide which of the following statements is

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EV Hyper Chargers is considering a project with the following cash flows: Year0$133millionYear1$30millionYear2$40millionYear3$55millionYear4$75million Use the IRR rule to decide which of the following statements is correct: The project should be rejected if the WACC is 13%, as the IRR of 14.76% is higher than the WACC. The project should be accepted if the WACC is 13%, as the IRR of 14.76% is higher 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 15.76% is positive. The project should be rejected if the WACC is 17%, as the IRR of 15.76% is lower than the WACC

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