Brock and Company would like to purchase equipment for its increased demand for production. The internal rate of return (IRR) is calculated as 23%, and the required rate of return (hurdle rate) is calculated as 16%. Should Brock and Co. invest in the equipment? Question 15 options: Yes; the hurdle rate is under 20% Yes; the IRR exceeds the hurdle rate No; the IRR exceeds the hurdle rate No; the IRR is over 20%