Consider three mutuolly exclusive projects: Project A, Project B and Project C. The IRR of these projects are given as: no decision can be made. only Project C will be chosen both Project A and B will be chosen. all three projects will be rejected. all three projects will be chosen. For a capital budgeting project, an initial investment of $103,546.02 is required and the cost of capital is 7%. Expected cash flows of the project are given below: What is the NPV of the project? Will the project be accepted? $22,306, No, the project will be rejected. \$22,531. Yes, the project will be accepted. \$21,855. No, the project will be rejected. \$23,658. Yes, the project will be accepted. \$22,756. Yes, the prolect will be accepted