PLEASE USE EXCEL AND SHOW FORMULA Problem $1[3$ points$]$:

Bohrer Mining Inc. is trying to evaluate a generation project with the following cash flows:

$($a$)$ If the company requires a $10$ percent return on its investments, should it accept this project? Why?

$($b$)$ Compute the IRR for this project. How many IRRs are there? If you apply the IRR decision rule, should

you accept the project or not? What's going on here?