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An investment has the following cash flows and a required return of 12.5 percent. Based on IRR, should this project be accepted? Why or why

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An investment has the following cash flows and a required return of 12.5 percent. Based on IRR, should this project be accepted? Why or why not? Year Cash Flow -$46,000 15,300 28,400 13,000 Select one: 0 a. Yes; The IRR exceeds the required return by about 2.91 percent b. Yes, The IRR exceeds the required return by about 1.07 percent O c. No; The IRR exceeds the required return by about 1.07 percent d. No: The IRR is less than the required return by about 1.07 percent e. Yes; The IRR is less than the required return by about 2.91 percent

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