Question: 1 2 . 2 5 % - $ 2 9 . 9 6 1 3 . 0 0 % 1 3 . 0 0 %

12.25%-$29.9613.00%13.00%12 Westwood Painting Co.is considering a project that has the following cash flow and WACC data. What is the decision that the firm should make on this project, and why?
WACC: 12.25%
Yoar01234CashFlow-850-300520540560
The company should reject this project because its NPVis-$29.96.
The company cannot make decisions on this project based on the IRR method.
The company should reject this project because its MIRR is lower than its IRR.
The company should accept this project because its MIRR is13.00%.
The company should accept this project because its IRR is13.00%.
< 1 2 . 2 5 % - $ 2 9 . 9 6 1 3 . 0 0 % 1 3 . 0 0

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