Question 4: The cash inflow / (outflow) for this project of Kenny Enjoy Investment Limited is given below: Year Project Golden 0 1 2 3 4 $ (22,600) 9,400 7,550 3,820 1,830 4.970 The company is estimated that the scrape value of the Project Golden will be $780, to be received at the end of the eighth year. Required: d. Find the internal rate of return (IRR) of the above project using graphical method. (6 Marks) Audit committees contribute significantly to raising the standards of corporate governance if they operate effectively. Briefly comment on this statement