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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 4 Cash Flow -S4,000

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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 4 Cash Flow -S4,000 $1,000 -$300 $1,800 -$300 $2,600 -$300 $3,400 $300 $4,200 5 6 7 8 9 a) What is the IRR of the project? b) If your company has a MARR of 15%, based on the IRR, is the project worth considering? c) What is the ERR of the project, given an external reinvestment rate e = 12%? a) What is the IRR of the project? % (Round to one decimal place) b) is the project worth considering? O A. Yes B. No c) What is the ERR of the project? % ) % (Round to one decimal place)

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