Question: The correct answer for this question is (B) BUT i need to know how it was solved: 2. Evaluate the following project using an IRR

The correct answer for this question is (B) BUT i need to know how it was solved:

The correct answer for this question is (B) BUT i need to

2. Evaluate the following project using an IRR criterion, based on an opportunity cost of 10 percent: CF--6,000, CF1 = +3,300, CF2 = +3,300. Ch Accept, since IRR exceeds opportunty cost. Reject, since opportunity cost exceeds IRR. Accept, since opportunity cost exceeds IRR. D) Reject, since IRR exceeds opportunity cost

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