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A project has the following incremental cash flows for years zero, through year 4, respectively: -$3,000, $1,900, $900, and $800. Is 9% the IRR of

A project has the following incremental cash flows for years zero, through year 4, respectively: -$3,000, $1,900, $900, and $800. Is 9% the IRR of this project? If not, is where is the IRR compared to 9%? A. Yes, 9% is the IRR. B. No, the IRR is above 9%. C. No, the IRR is below 9%. D. More information is needed to determine the IRR.

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