Your Pillowcase Inc, has a WACC of 19% and is considering a project with the following cash flows: Which of the following statements, about the project, is correct? It should be accepted because the IRR of 94.78% is higher than the WACC. It should be rejected because the IRR is negative. It should be accepted because the sum of the future cash flows is greater than the initial outflow. It should be rejected because the IRR of 17.06% is less than the WACC. It should be accepted because the IRR of 17.06% is positive