An investment costs $136,000 and has projected cash inflows of $72,000, $85,500, and -$16,200 for Years 1-3, respectively. If the required rate of return is 12.0 percent, should you accept the investment based solely on the internal rate of return rule? Why or why not? Multiple Choice Yes; The IRR is less than the required rate of return. Yes; The IRR exceeds the required rate of return. No; The IRR exceeds the required return. You should not apply the IRR in this case. You have just purchased a new manufacturing plant. To finance the purchase, you've arranged for a 25-year mortgage loan for 75 percent of the $4,200,000 purchase price. The monthly payment on this loan will be $18,300. a. What is the APR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the EAR on this loan? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Annual percentage rate b. Effective annual rate d d % % Your portfolio is comprised of Stocks A, B, and C. 30 percent of your portfolio is invested in Stock A, 20 percent in Stock B, and 50 percent in Stock C. The expected returns on these three stocks are 9 percent, 12 percent, and 8 percent, respectively. What is the expected return on the portfolio? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)