$1.$ Your company has a project available with the following cash flows:

If the required return is $15$ percent, should the project be accepted based on the IRR?

Multiple Choice

No$,$ because the IRR is $18\mathrm{.}29$ percent.

Yes, because the IRR is $18\mathrm{.}29$ percent.

Yes, because the IRR is $17\mathrm{.}58$ percent.

Yes, because the IRR is $16\mathrm{.}88$ percent.

No$,$ because the IRR is $16\mathrm{.}88$ percent.