The project will generate following series of cash flows 1 2 3 4 -50 5 20 20 20 20 20 (2 marks each) The IRR is O 27,6% O 26,6% O 29,6% O 28,6% Given the rate of return 10% the NPV is O 27,8 O 25,8 O 26,8 O 28,8So such project 0 cannot be accepted 0 can be accepted To sum up, if the required rate of return is lower the IRR the NPV is 0 there is no such relationship 0 zero 0 positive 0 negative