Evaluate the following investment project according to the Internal Rate of return- IRR and the Profitability Index Criteria and propose its acceptance or rejection. Try 30 % first.

Year Cash Outflows

1. 200.000
2. 300.000

Year Cash Inflows ( After the project is completed)

1. 0
2. 300.000
3. 400.000
4. 400.000
5. 300.000

Scrap Value 60.000

WACC = 18 % In the IRR method try % first.