Project MM has the following cash flows: End-of-Year Cash Flows --------------------------------- 0 1 2 3 2$1,000 $2,000 $2,000 2$3,350 Calculate MM’s NPV at discount rates of 0%, 10%, XXXXXXXXXX%,...

Project MM has the following cash flows:
End-of-Year Cash Flows

---------------------------------
0                     1              2             3
2$1,000          $2,000    $2,000        2$3,350
Calculate MM’s NPV at discount rates of 0%, 10%, 12.2258%, 25%, 122.1470%,
and 150%. What are MM’s IRRs? If the cost of capital is 10%, should the project be
accepted or rejected?