toSave OFF hes385_v5_wk3 he Insert Draw Page Layout Formulas Data Review View Tell me Times New Roman 11 j ab. Wrap Text Ger X Cut [9 Copy v Format A K A e BIU V Merge & Center $ fx Answer: B D E F G H 4) Calculate the internal rate of return (IRR) of the following cash flows: Year 0 1 2 3 Cash Flow (1,650,000) 330,000 365,000 380,000 415,000 Answer: 5 6 405,000 370000 7 294,000 (5) If a company has a required rate of return of 15%, should the following project be accepted based on these expected cash flows below? Year 0 2 3 5 6 Cash Flow (274,000) 68,000 73,000 76,500 78,000 82,500 77,000 Please explain why or why not the company should move forward with this endeavor