Question 14 1 pts A project has an cost of $25,000 and has projected cash flows of: Year 1: $12,500 Year 2: $8,000 Year 3: $6,000 Year 4: $2,500 What is the Projects IRR? Should you accept or reject the project if your required return is 6.5%? 8.08%, Reject 8.08%, Accept O 6.43, Accept 6.43, Reject