A company predicts the following cash flows from their year zero investr $3 billion dollars. Their hurdle rate which incorporates the risk of the inve is 15%. What is the Internal Rate of Return, and should they go ahead with project? Year 1: $1 billion dollars Year 2: $1.5 billion dollars Year 3: $1.25 billion dollars Year 4: $1 billion dollars a. 34.67% IRR - yes they should, as the IRR is above the hurdle rate b. 24.12% IRR - yes they should, as the IRR is above the hurdle rate c. 21.41% IRR - yes they should, as the IRR is above the hurdle rate Od. 14.2% IRR - no they should not, as the IRR is below the hurdle rate Oe. 5.23% IRR - no they should not, as the IRR is below the hurdle rate