You've estimated the following cash flows (in $) for a project:

	A	B
1	Year	Cash flow
2	0	-3,430
3	1	974
4	2	1,281
5	3	1,996

The required return is 8.5%.

1. What is the IRR for the project?

2. What is the NPV of the project?

3 .What should you do?

Check all that apply:

Reject the project based on its NPV

Reject the project based on its IRR

Accept the project based on its IRR

Accept the project based on its NPV