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QUESTION 7 You are given the following information on project A. Based on the IRR Rule, should you accept or reject these projects? Project

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QUESTION 7 You are given the following information on project A. Based on the IRR Rule, should you accept or reject these projects? Project A Year 0 Cash Flow ($) -40,000 1 2 15,000 28,000 3 5,000 Required Return 12% O No; The IRR exceeds the required return by about 0.06 percent. No; The IRR is less than the required return by about 1.16 percent. O Yes; The IRR exceeds the required return by about 0.06 percent. Yes; The IRR exceeds the required return by about 1.16 percent. 00

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