Jazz World Inc. is considering a project that has the following cash flow and WACC data. If the IRR criteria is used to evaluate the project, should the firm accept the project? 2 $425 3 $450 4 $475 WACC: 14.000 Year 0 1 Cash flows -$1,200 $400 O No because the IRR is 16.46% O No because the IRR is 62.88% Yes because the IRR is 6.12% Yes because the IRR IS 16.46% Yes because the IRR is 62.88%