Net present value Using a cost of capital of 14%, calculate the Internal Rate of Retum (IRR) for each of the independent projects shown in the following table and indicate whethe each is acceptable, The internal rate of return (IRR) of project Ais%. (Round to 2 decimal points.) Is project A acceptable? (Select the best answer below.) O Yes The internal rate of return (IRR) of project B is %. (Round to 2 decimal points.) Is project B acceptable? (Select the best answer below.) O Yes The internal rate of return (IRR) of project Cis % (Round to 2 decimal points.) Is project C acceptable? (Select the best answer below.) 0 Yes The internal rate of return (IRR) of project Dis %. (Round to 2 decimal points.) Is project D acceptable? (Select the best answer below.) 0 Yes O No The internal rate of return (IRR) of project E is%. (Round to 2 decimal points.) Is project E acceptable? (Select the best answer below.) Yes Project B Project C Project D Project E $500,000 $170,000 $950,000 $80,000 N 1 Project A 2 Initial investment $26,000 3 Year Cash inflows 4 1 $4,000 5 2 $4,000 6 3 $4,000 7 4 $4,000 8 5 $4,000 9 6 $4,000 10 7 $4,000 8 $4,000 12 9 $4,000 13 10 $4,000 $100,000 $20,000 $230,000 $0 $120,000 $19,000 $230,000 $0 $140,000 $18,000 $230,000 $0 $160,000 $17,000 $230,000 $20,000 $180,000 $16,000 $230,000 $30,000 $200,000 $15,000 $230,000 $0 $14,000 $230,000 $50,000 $13,000 $230,000 $60,000 $12,000 $70,000 $11,000 11 w N 14