1. What is the projects IRR? Should it be accepted?

Select one:

a. 14.9%; yes

b. 14.9%; no

c. 10.3%; no

d. 10.3%; yes

Info 1:

Use for the following THREE problems:

Uncle Cosmo plans to build a factory. Its expected cash flows are described by the following table. Required return is 11%.

Year	Cash Flow
0	(2,345)
1	800
2	635
3	787
4	942
5	175
6	52