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An investment has the following cash flows. Should the project be accepted if it has been assigned a required return of 9.5 percent? Why or

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An investment has the following cash flows. Should the project be accepted if it has been assigned a required return of 9.5 percent? Why or why not? CFo-24,000; CF1 8,000; CF2 12,000; and CF3 9,000 yes, because the IRR exceeds the required return by about 0.39 percent yes; because the IRR is less than the required return by about 3.9 percent yes; because the IRR is positive no; because the IRR exceeds the required return by about 3.9 percent no; because the IRR is 9.89 percent

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