Use the following information to answer the next 3 questions: An investment has the following cash flows and a required return of 14 percent. Based on IRR, should this project be accepted? Why or why not?

Year Cash Flow

year 0 -$32,000

year 1 12,300

year 2 21,400

year 3 10,500

The IRR will be calculated as

Group of answer choices

IRR = 17.42%

IRR = 14.00%

IRR = 18.36%

IRR = 19.24%

The project should be:

Group of answer choices

Rejected: The IRR exceeds the required return.

Rejected: The IRR is less than the required return.

Accepted: The IRR exceeds the required return.

Accepted: The IRR is less than the required return.

The projects NPV is ?