You are a financial analyst for ABC Company. The director of capital budgeting has asked you to analyze two proposed capital investments for project X. The project has a cost of Tk. 30,000 and the expected net cash flows are as follows: Expected Net Cash Flows Year Project X Tk. (30000) 1 8000 2 12000 i) ii) 3 18000 4 21000 Calculate the IRR for the project Would you accept the project if the cost of capital is 13%? Why NPV is superior to IRR? iii)