An investment costs $144,000 and has projected cash flows of $75,300, $82,100, and -$16,400 for Years 1-3, respectively. If the required rate of return is 12.2 percent, should you accept the investment based solely on the internal rate of return rule? Why or why not? Multiple Choice

An investment costs $144,000 and has projected cash flows of $75,300,$82,100, and $16,400 for Years 1-3, respectively. If the required rate of return is 12.2 percent, should you accept the investment based solely on the internal rate of return rule? Why or why not