A firm evaluates all of its projects by applying the IRR rule. A project under consideration has an IRR of 20%, and an rocc of 21%. The risk-free rate rrf is 12%. Should the firm go ahead with this project? (Assume its OK to use the IRR rule). Choose yes, no or not sure, then also choose one answer providing your reasoning. Yes No The IRR rule says to accept projects with IRR > rrf. Not sure The IRR rule says to accept only projects with IRR > rocc. The IRR rule says to reject projects with IRR > rrf. We can't compare the BCR to the IRR. We can't compare the NPV to the IRR. The IRR rule says to reject only projects with IRR > rocc