Q7. please show work and explain!

Question 7 7 pts North Star Gas, Inc., is trying to evaluate a project with the following cash flows: Year Cash Flow O -$39,800,000 1 63,800,000 2 -12,800,000 If the required return of the project is 11 percent, should the company accept the project and why? o We cannot evaluate this project because the traditional decision rules do not apply. Yes, the NPV of the project ($7,288,710.33) is greater than zero. Yes, the NPV of the project ($8,630,578.51) is greater than zero. Yes, the IRR of the project (36.79%) is greater than the required return. Yes, the IRR of the project (40,50%) is greater than the required return. Next