st Access ns Question 13 A You are asked to evaluate the following project based on the internal rate of return (IRR). Suppose the required rate of return (r) for the project is 15%. Will you accept the project? year Cash Flow ($) O 250,000 Reject the project because IRR r. O Reject the project because IRR > r. Cannot make a decision. -50,000 -40,000 -120,000 O Accept the project because IRR

You are asked to evaluate the following project based on the internal rate of return (IRR). Suppose the required rate of return (r) for the project is 15%. Will you accept the project? Reject the project because IRR \& r. Accept the procject because IRR > i. Reject the project because IRR >r. Accept the project because IRR \& . Cannot make a decision