Question: Evaluate the following project using the internal rate of return (IRR) method. If the opportunity cost of capital is 10%, what should you do and

Evaluate the following project using the internal rate of return (IRR) method. If the opportunity cost of capital is 10%, what should you do and why? Initial Cost - $6,000 End of Year 1 $3,300 End of Year 2 $3,600 accept; because the IRR exceeds the opportunity cost reject; because the opportunity cost exceeds the IRR accept; because the opportunity cost exceeds the IRR O reject; because the IRR exceeds the opportunity cost
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