Assume a $6,500 investment and the following cash flows for two alternatives.

Year Investment X Investment Y

1 $1,000 $1,300

2 $1,800 $2,000

3 $1,700 $1,100

4 $2,000 $1,500

5 $ 600

Under the Internal Rate of Return method, which of the following would be concluded?

A.	Investment X should be selected
	B.	Investments X and Y have the same IRR.
	C.	Neither investments have an IRR.
	D.	Investment Y should be selected.