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Your firm is considering a project with the cash flows shown below. The required rate of return on both projects is 8 percent. Compute the

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Your firm is considering a project with the cash flows shown below. The required rate of return on both projects is 8 percent. Compute the IRR of the project. Should the project be accepted/rejected? Time 0 1 2 3 4. 5 Cash Flow -1,000 350 480 520 300 150 O The IRR is 26.33: Reject the project O The IRR is 15.24; Accept the project The IRR is 15.24; Reject the project

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