You are on the staff of Camden Inc. The CFO believes project acceptance should be based on the NPV, but Steve Camden, the president, insists that no project should be accepted unless its IRR exceeds the project's risk-adjusted WACC. Now you must make a recommendation on a project that has a cost of sis,ooo and two cash flows: $110,000 at the end of Year 1 and $100,000 at the end of Year 2 . The president and the CFO both agree that the appropriate WACC for this project is 10%. At 10%, the NP is $2,355.37, but you find two IRRs, one at 6.33% and one at 527.01%, and a MIRR of 1132%. Which of the following statenvents best describes your optimal recommendation, Le., the analysis and recommendation that is best for the compamy and least likely to get you in trouble with either the CFO or the president? a. You should recommend that the project be rejected because, avhough its NPV is positve, it has an IRR that is less than the WACC b. You should recommend that the preject be rejected because is NPV is negative and is IRR is less than the WACC. c. You should recommend that the project be rejected because, although is NPV is postive, its MirR is less than the WACC, and that indicates that the firm's valie will decine if it is orcepted d. You should recommend that the project be rejected because (1) as NPV is postive and (2) a has two IRRs, one of which is less than the WACC, which indicates that the firm's value will decline if the project is actepted. n. You should recommend that the project be accepted because (1) as Novis positive and (2) although it has two ihas, in this case it would be better to focas on the MiRR which exceeds the WACC. You should eaplain this to the president and tell him that that the firms walue wut increase if the project is acceped