Question 14 5 points SA a) Provide one circumstance where IRR should be avoided or replaced by NPV Explain briefly It point b) For projects with different times, how do we evaluate and make investment decision Brioly explain 11 point c) Assume that you are valuing a project with the following expected cash flows. From Year 1 to Year 5, there will be a steady cash now of $30,000. At Year 6. Lis expected that company wil realize a cash outfiow of $50.000 Cash inflows in Yoar 7 and 8 will be $20.000 and $10.000, respectively of the initial outlay (e. Year O cash flow) is $100,000 and the required rate of return is 11%, would you accept the project? Show your steps 13 points For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)