Rexburg Company is considering a capital budgeting project that will require an initial investment $100,000. The required rate of return is 12% proposed project is $15,000. Which of the following statements is true regarding this project? Any of the other three choices could be true. The internal rate of return on the project is less than 12% The internal rate of return on the project is greater than 12%, The internal rate of return is exactly 12%