Intro

You've estimated the following cash flows (in $) for a project:

	A	B
1	Year	Cash flow
2	0	-5,700
3	1	1,325
4	2	2,148
5	3	3,543

The required return for the project is 8%.

Part 1

What is the IRR for the project?

Part 2

Should you accept the project?

No

Yes