You have been assigned to manage a project to upgrade all your company's data centre servers with new models Each new server will cost you $25,000 to purchase, and you need 10 of them in total Each new server comes with three years' free maintenance worth $2,500/year you'll have to pay this in the fourth and fifth years). Each new server saves you $2,000/year in electrical costs. Each new server saves you S1 ooo year in air conditioning expenses. The required Internal Rate of Return (IRR) on this project, over a five year period is 15% above breakeven. It will take you $15.000/month for three months to install the new machines (The old ones are scrap and have no value) After that you have no further project expenses Using a discount rate of 2 5% to do the discounted cash flows is there a case for this project it meets or exceeds the IRR) or not