Ken is evaluating a proposed business project and he wants to know what is the Internal Rate of Return. Based on the following estimated Free Cash Flows and the IRR method, would this project be accepted? Kens required return is 12%. Year 0 1 2 3 4 Cash Flow $(2,976) $3,310 $4,510 $1,212 $445 a. Yes, because the IRR is higher than 12%, its 17.63%. b. Yes, because the NPV is greater than $2,976. c. No, because the IRR is lower than 12%, its 10.61% d. Yes, because the IRR is higher than 12%, its 99.37% e. No, because the IRR is lower than 12%, its -8.30%.