QUESTION $34$

Compute the IRR for Project $x$ and note whether the firm should accept or reject the project with the cash flows shown below if the appropriate cost of capital is $10\%.$

$\backslash$table$[[$Tims:$,0,1,2,3,4,5],[$Cash Flow:,$-1300,400,400,400,400,400]]$

$16\mathrm{.}32\%$; accept

$16\mathrm{.}32\%$; reject

$13\mathrm{.}44\%$; accept

$13\mathrm{.}26\%$; reject