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Year 1 2 3 -4000 2000 4000 Consider a project with the following cash flows. Determine the project's IRR Is this IRR Unique? If the

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Year 1 2 3 -4000 2000 4000 Consider a project with the following cash flows. Determine the project's IRR Is this IRR Unique? If the Annual cost of capital is 20%, would you undertake this project? Recall: the IRR method indicates that a project whose IRR is greater than or equal to the firm's cost of capital should be accepted, and a project whose IRR is less than the firm's cost of capital should be rejected

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