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You are evaluating a project with an IRR of 12%. The cost of capital is 10%, and expected cash flows of the project are as

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You are evaluating a project with an IRR of 12%. The cost of capital is 10%, and expected cash flows of the project are as follows: a. What is the initial outlay of this project (net CF at t=0 )? [ 2 marks] b. Is the project acceptable based on NPV and IRR techniques? [4 marks] c. Do NPV and IRR techniques lead to identical capital budgeting decisions for this project? Discuss why. [2 marks]

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