please answer both!!

A firm is evaluating a project. The firm's cost of capital is 15%. The firm calculates the IRR of the project. Which of the following statements is correct? 1If the project's estimated cash flows increase, then the newly calculated IRR of the project will decrease. 2) If the project's estimated cash flows increase, then the newly calculated IRRI of the project will increase 3) If the project's estimated cost of capital increases, then the newly calculated IRR of the project will decrease. 4) If the project's estimated cost of capital increases, then the newly calculated IRR of the project will increase. 5 I need to know the firm's current IRR to answer the question Page 39 of 40 have two options: Option A is a highly automated assembly line that has a large up-front cost but low maintenance cost over the years. This option will cost $9 million today with a yearly operating cost of $2 million. The assembly line will last for 5 years and be sold for $4 million in 5 years. Option B is a cheaper alternative with less technology, a longer life, but higher operating costs. This option will cost $6 million today with an annual operating cost of $3 million. This assembly line will last for 8 years and be sold for S1 million in 8 years The firm's cost of capital is 12.3%. Assume a tax rate of zero percent. The equivalent annual cost (EAC) of better option should be $ million. 01) 3.889 O2) 3.904 O3)3.919 4) 4,067 5) 4.119