You are considering an investment for which you require an 18 percent rate of return. The investment will cost $50,000 and produce cash inflows of $10,000 a year for 10 years. Should you accept this project based on its internal rate of return? Why or why not? no; because the IRR is 20.18 percent yes; because the IRR is 15.10 percent yes; because the IRR is 20.18 percent no; because the IRR is 15.10 percent Chichen Itza Company is considering a new project that will require an initial cash investment of $200,000. The project will produce no cash flows for the first two years. The projected cash flows for years 3 through 7 are $80,000,$150,000,$180,000,$200,000, and $40,000, respectively. How long will it take the firm to recover its initial investment in this project? 2.33 years 1.80 years 3.80 years 4.67 years The net present value of a project's cash inflows is $9,456. The profitability index is 1.24 . What is the initial cost of the project? $8,238.40 $7,625.81 $5,782.40 $6,640.00