Part 1 1 Attempt 1/2 for 10 pts. The IRR is the discount rate that sets NPV equal to 0 discounts all internal cash flows discounts all cash flows to their present value treats all cash flows as internal Submit Part 2 " Attempt 1/2 for 10 pts. Based on the IRR criterion, we should accept a project if the IRR IS positive negative greater than the required return greater than 1 Submit