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You are considering a project that costs $1,250,000 and brings in cash flows of $450,000 per year for the next four years. If your firm's

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You are considering a project that costs $1,250,000 and brings in cash flows of $450,000 per year for the next four years. If your firm's WACC is 15%, you should a) These project cash flows are non-conventional and IRR cannot be used to make the decision. b) Accept the project because its IRR of 11.58% is less than the firm's WACC of 15%. c) Accept the project because its IRR of 16.37% is greater than the firm's WACC of 15%. d) Reject the project because the firm's WACC of 15% is greater than the project's IRR of 11.58%. e) Reject the project because the firm's WACC of 15% is less than the project's IRR of 16.37%

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