Li Jun was evaluating the feasibility of a project that has an initial investment of $215,000 and subsequent investments of $170,000 in the 1st and 2 nd years. From the 3rd year onwards, it will generate cost savings of $235,000 every year for 8 years. a. If the project has a terminal value of $110,000, what is the Internal Rate of Return (IRR)? \% Round to two decimal places b. Should the project be accepted if the company's cost of capital is 25.00%