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Your company has a project available with the following cash flows: Year Cash Flow 0 $80,400 1 21,850 2 25,700 3 31,500 4 26,350 5

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Your company has a project available with the following cash flows: Year Cash Flow 0 $80,400 1 21,850 2 25,700 3 31,500 4 26,350 5 20,500 0 -$80,400 1 21,850 2 25,700 3 31,500 4 26,350 5 20,500 If the required return is 16 percent, should the project be accepted based on the IRR? Yes, because the IRR is 17.78 percent. No, because the IRR is 17.07 percent. No, because the IRR is 18.49 percent. Yes, because the IRR is 18.49 percent. Yes, because the IRR is 17.07 percent

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