Question 7 5 pts Acme Inc. is considering a new project that would require an investment of $84.900 and would have an estimated useful life of 12 years with no salvage value. The project would be expected to generate $15,000 in annual cash flows. Which of the following is true regarding the estimation of Internal Rate of Return (IRR) To estimate IRR. you would calculate a factor by dividing the investment by the cash flows. Then you would scroll across the number of periods on a PV of an annuity table until you find the percentage that matches the factor. That is the estimated IRR. To estimate IRR, you would calculate a factor by dividing the investment by the cash flows. Then you would scroll across the number of periods on a PV of a single sum table until you find the percentage that matches the factor. That is the estimated NPV. To estimate IRR. you would calculate a factor by dividing the investment by the cash flows. Then you would scroll across the number of periods on a PV of a single sum table until you find the percentage that matches the factor. That is the estimated IRR. None of these are correct Question 8 5 pts Cash equivalents are highly liquid investments that are so close to maturity that there is a very small chance they will lose value. True False