The following table presents information on a potential project currently being evaluated by XYZ. Which assertion about statement 1 and statement 2 is true? Statement 1: XYZ would accept the project based on the project's net present value and the NPV rule. Statement 2: XYZ would accept the project based on the project's payback period and the payback rule if the payback threshold is 2.50 years Statement 1 is true and statement 2 is false Statement 1 is true and statement 2 is true Statement 1 is false and statement 2 is false Statement 1 is false and statement 2 is true QUESTION 2 annual cash flow expected in 1 year. The NPV of the project is $7,300.00. What is the IRR of the project? 12.57% (plus or minus 0.02 percentage points) 11.40% (plus or minus 0.02 percentage points) 14.02% (plus or minus 0.02 percentage points) 10.31% (plus or minus 0.02 percentage points) None of the above is within 0.02 percentage points of the correct