Question 10 1 pts

A project has the following cash flows:

Year

Cash Flow

0

$64,000

1

-30,000

2

-48,000

Which of the following statement is correct?

This project should be evaluated based on the IRR decision rule rate.

This project should be evaluated based on the NPV decision rule rate.

There are multiple IRRs for this project.

The IRR and NPV decision rules give the same recommendation for this project.