Q10. Your company is considering a project with projected cash flows as given below. The CFO has asked you to compute the NPV and the IRR for the project. The CFO tells you that IRR is a very useful ranking tool, especially when funds are limited and the company must choose between mutually exclusive projects. Use a discount rate of 10%. Discuss, and address the CFO's thoughts on IRR. Year Cash flow 0 $ (2,500,000) 1 $ 950,000 2 $ 950,000 3 $ 750,000 4 $ 700,000 5 $ (250,000) Discussion