HyTop Mechanix is considering investing in a new production technology. This technology will cost the firm $200,000 upfront and produce $45,000 in cash flows for each of the next seven years. The IRR of this opportunity is 12.84%. If the company correctly decides to move forward with this investment, what do you know about the required return (r) of the project? r=9.07% r=12.84% r9.07%