JVI corporation is considering investing in a new project with the estimated cash flows shown below. Compute the IRR for the project and recommend whether the firm should accept or reject it. The required cost of capital is 12 percent. Time Cash Flow 12.7%, Accept 13.3%, Accept O 10.8%, Reject O 14.2%, Accept 0 1 -100 25 2 45 3 65

JVI corporation is considering investing in a new project with the estimated cash flows shown below. Compute the IRR for the project and recommend whether the firm should accept or reject it. The required cost of capital is 12 percent. 12.7%, Accept 13.3%, Accept 10.8%, Reject 14.2%, Accept