Crawford Enterprises is considering a five year project. Cash flows are expected to be as follows: Year Cash flow 0 -10,000 1 5,000 2 4,000 4,000 4. 2,000 5 2,000 Management's payback target is 3 years. The appropriate discount rate for the project is 10%. Use the above information to answer the following: What is the IRR of the project? Should the company accept or reject the project based on the IRR decision rule? Please show all of your work. HTML B IV A - A - IX E x x := = x TTT 12pt N You 10000= 5000/(1+IRR)+4000/(1+IRR)^2+4000/(1+IRR)^3+2000/(1+IRR)^4+2000/(1+IRR)^5