Your firm is considering a project that will cost $4.441 million up front, generate cash flows of $3.47 million per year for 3 years, and then have a cleanup an shutdown cost of $6.05 million in the fourth year.

a. How many IRRs does this project have?

b. Calculate the IRRs for this project assuming a discount and compounding rate of 10.3%. c. Using the IRRs and a cost of capital of 10.3%, would you take the project?

c. Using the IRRs and a cost of capital of 10.3%, would you take the project?