Free Soirit industrie2 is considering investing 3500,000 in a project that is expected th generate the following net cash tlowes: free Spirit uses a WaCc of aw when wyaluating proposed capital budgeting prolects. Basnd on these cath flown, determint this project's pr (rourded to four dedimal places) 2.77302.49572.21643.0503 Frea Spiriti dedsion to accept or reject this project is independent of its dedsions on other projecth. Aased on the project's pr, the firm should the project. By comparisor, the met present value (Nov) of thes prolect is . On the bads of this evaluation criterion, Frees Spirit shouid In the proiect because the project Increate the firmis value. When a project has a p1 greater than 1,00, it wal exhibit an teV proleds with Pis 1.00 will extibit negative rovs