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Year Cash flows 0 ($995,000) 1 $700,000 2 $700,000 3 $660,000 4 $720,000 5 ($1,980,000) a. How many Internal Rates of Return (IRRs) do you

Year Cash flows
0 ($995,000)
1 $700,000
2 $700,000
3 $660,000
4 $720,000
5 ($1,980,000)
a. How many Internal Rates of Return (IRRs) do you anticipate will occur for this projects cash flows? WHY?
b. What are the relevant IRR(s)? Show your answer(s) to 4 decimal places, e.g. x.xxxx%
c. If this Project's cost of capital is 12.0%, would you take on this project? WHY? Support your answer!

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