Year 2 $425,000 $475,000 Year 3 Year 4 $450,000 Which of the following is the correct calculation of project Sigma's IRR? 30.00% 27.27% 23.18% 24.54% If this is an independent project, the IRR method states that the firm should If mutually exclusive projects are proposed that both have an IRR greater than the necessary WACC, the IRR method states that the firm should accept: O the project with the greatest IRR, assuming that both projects have the same risk as the firm's average project. the project with the greater future cash inflows, assuming that both projects have the same risk as the firm's average polect. the project that requires the lowest initial investment, assuming that both projects have the same risk as the firm's average project