44) Project Full Moon has an initial outlay of $30,000, followed by positive cash flows of $10,000 in year 1, $15,000 in year

2, and $15,000 in year 3. The project should be accepted if the required rate of return is

44)

________

A)

less than 14.6%

.

B)

greater than 12%.

C)

less than 16.25%

.

D) greater than 0.