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The following table presents information on a potential project currently being evaluated by XYZ. Which of the assertions about statement and statement 2 is true?

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The following table presents information on a potential project currently being evaluated by XYZ. Which of the assertions about statement and statement 2 is true? Expected cash flow number of years from today TI cost of capital 1590 000 365.000 525.000 $26.000 53000 112 60 Statement 1 XYZ would accept the project based on the projects Internal rate of retur (IRR) and the IRR rule Statement 2- XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 2 20 years a. Statement is false and statement 2 is false b. Statement 1 is false and statement 2 is true c Statement is true and statement 2 is false d. Statement is true and statement is true

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