A company is investing $1.35 million in a project with expected inflows of $275,000 in year 1 and $500,000 for each of the subsequent 3 years. If 10% is the minimum return for an investment of this kind, is the IRR sufficient to allow this investment? Multiple Choice Yes, because the IRR is 10.95% Yes, because the IRR is 12.74 percent No, because the IRR is 10.75 percent Yes, because the IRR IS 1075 percent The answer cannot be determined as there are multiple IRRS