Consider a project with the following cash fl ows and a fi rm with a 15 percent cost of capital. End of Year Cash Flow 0 $20, XXXXXXXXXX, XXXXXXXXXX,000 a. What are the two IRRs associated with this...

Consider a project with the following cash fl ows and a fi rm with a 15 percent cost of capital. End of Year Cash Flow 0 $20,000 1 50,000 2 10,000 a. What are the two IRRs associated with this cash fl ow stream? b. If the fi rm’s cost of capital falls between the two IRR values calculated in part (a), should it accept or reject the project?