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Christopher purchased a franchise agreement to distribute electronic gadgets for 8 years. The agreement cost $2,100,000 and she had to make investments of $825,000 for the first 2 years to set up her showroom. The franchise generated $1,000,000 in profits each year from the 1 st year to 8 years afterwards. At the end of year 8 , she sold the furniture in her showroom for $85,000. end of year 8 , she sold the furniture in her showroom for $85,000. a. What is the Internal Rate of Return (IRR)? % Round to two decimal places b. Should she have proceeded with this plan if her cost of capital was 19% ? a. What is the Internal Rate of Return (IRR)? % Round to two decimal places b. Should she have proceeded with this plan if her cost of capital was 19% ? a. What is the Internal Rate of Return (IRR)? \% E Round to two decimal places b. Should she have proceeded with this plan if her cost of capital was 19% ? (click to select) Yes No