"A project has the following cash flows: CF0 = $15,000, CF1 = - $30,000. The appropriate discount rate is 11 percent. You should:"

		"Accept the project, since the IRR is greater than the discount rate."
		"Accept the project, since the IRR is lower than the discount rate."
		"Reject the project, since the IRR is greater than the discount rate."
		"Reject the project, since the IRR is lower than the discount rate. "