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You are proposing a project to your company with the following cash flows over 9 years: Year 0 1 2 3 Cash Flow -$4,000 $1,000

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You are proposing a project to your company with the following cash flows over 9 years: Year 0 1 2 3 Cash Flow -$4,000 $1,000 -$300 $1,800 -$300 $2,600 -$300 $3,400 -$300 4 5 6 7 8 a) What is the IRR of the project? % (Round to one decimal place) b) Is the project worth considering? A. Yes B. No c) What is the ERR of the project? % (Round to one decimal place) You are proposing a project to your company with the following cash flows over 9 years: Year 0 1 2 3 Cash Flow -$4,000 $1,000 -$300 $1,800 -$300 $2,600 -$300 $3,400 -$300 4 5 6 7 8 a) What is the IRR of the project? % (Round to one decimal place) b) Is the project worth considering? A. Yes B. No c) What is the ERR of the project? % (Round to one decimal place)

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