Questions 14 - 19 are all based on the following information, Reggie Redbird, the CEO of Sullivan Slicers, Inc. believes that the firm could create additional value adding snippers to its product mix. Machinery used in producing the snippers would cost $9,250,000. According to Redbird's projections, the subsequent net cash flows the company would generate for the investors if it entered the snipper business would be 51,150,000 per year for 14 years. These are the only cash flows expected. The firm's annual weighted average cost of capital for a project of this type is 7.8% QUESTION: PLEASE REFER TO THE ATACHMENT TO QUESTION 14 IN ANSWERING. Which of the five equations shown would you use in computing the project's INTERNAL RATE OF RETURN (IRR)? 240 Quiz 2 IRR Eations. Rd 84 KB A. Equation 1 B. Equation 2 OC. Equation 3 D. Equation 4 E. Equation 5 Reset Selection In answering question 14, "Which of the five equations shown would you use in computing the project's internal rate of return (IRR)?" please refer to the following five equations. a. EQUATION 1: - $9,250,000+ $1,150,000 = SO IRR b. EQUATION 2: $9,250,000 ). $1,150,000 IRR c. EQUATION 3: - $9,250,000+ $1,150,000 $1,150,000 IRR d. EQUATION 4: - $1,150,000+ $9,250,000 1IRR IRR SO e. EQUATION 5: - $9,250,000+ $1,150,000 IRR $9,250,000 E