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year Cash flow 0 (400.00) 1 5,000.00 2 (4,500.00) 3 4 6,000.00 5 (6,000.00) 7) Consider a project with the following cash flows: a.

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year Cash flow 0 (400.00) 1 5,000.00 2 (4,500.00) 3 4 6,000.00 5 (6,000.00) 7) Consider a project with the following cash flows: a. What is the first IRR? Answer: b. What is the 2nd IRR? Answer: b. Should this project be accepted if the cost of capital is 15%? Why? Answer:

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