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You are considering whether to invest in the strategically important project with the following forecasted cash flows: Year 0: -1,000,000, Year 1:2,300,000, Year 2: -1,320,000,

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You are considering whether to invest in the strategically important project with the following forecasted cash flows: Year 0: -1,000,000, Year 1:2,300,000, Year 2: -1,320,000, Year 3: 3,100,000. Assume that the discount rate is 15% per annum. Choose one of five possibilities listed as the correct decision-making approach to this specific problem: A. Use NPV rule to make your decision; The IRR rule can be used equally well. B. Use NPV rule to make your decision; The IRR rule should not be used. C. Use the IRR rule to make your decision; The NPV rule will not be helpful. D. Neither IRR, nor NPV rules are good decision criteria for this problem E. Only Payback Period Rule can be used to make your decision

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