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Question 2 3 ( 4 points ) A project provides a $ 5 4 0 , 0 0 0 cash inflow today in exchange for

Question 23(4 points)
A project provides a $540,000 cash inflow today in exchange for 5 years of $175,000 cash outflows. What is the IRR of this project? If the company's discount rate for similar projects is 10%, should the company accept the project?
a)18.6%; Yes
b)18.6%; No
c)12.4%; Yes
d)12.4%; No
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