13. You require a 14 percent rate of return from an investment. The investment costs $58,000 and will produce cash inflows of $27,000 for 3 years. Should you accept this project based on its internal rate of retum? Why or why not? A. Yes; because the IRR is 14.04 percent B. Yes, because the IRR is 14.65 percent C. Yes; because the IRR is 18.76 percent D. No; because the IRR is 18.76 percent E. Yes; because the IRR is 18.76 poercent. 14. The dividend on TT's common stock will be $3 in 1 year, S4 in 2 years, and $6.00 in 3 years. You can sell the stock for $100 in 3 years. If you require 11 6% return on your investment, how much would you be willing to pay for a share of this stock today? A $75.45 B. $77.24 C. $81.52 D. $95.39 E. None of the above 15. The net present value (NPV) rule can be best stated as: A) An investment should be rejected if the NPV is negative. B) An investment should be rejected if the NPV is positive and pted if it is negative C) An investment with greater cash inflows than cash outflows, regardless of when the cash flows occur, will always have a positive NPV and therefore should always be accepted D) An investment should be accepted if the NPV is positive and rejected if the NPV is zero or negative