TSMC, Inc. will start a project which will have the following free cash flows. The initial outlay would be $1,950,000, and the project would generate cash flows of $500,000 each year for 7 years. The expected required rate of return for the project is 9 %. a. Calculate the NPV. b. Calculate the PI. c. Calculate the IRR. d. Should this project be accepted? a. What is the project's NPV? $ (Round to the nearest dollar.) b. What is the project's Pl? (Round to three decimal places.) c. What is the project's IRR? (Round to two decimal places.) d. Should this project be accepted? (Select the best choice below.) O A. No. The project should be rejected because the project's NPV is negative, Pl is less than one, and IRR is less than the required rate of return. OB. Yes. The project should be accepted because the project's NPV is positive, Pl is greater than one, and IRR is greater than the required rate of return