The Flour Baker is considering a project with the following cash flows. Should this project be accepted based on its internal rate of return if the required return is 5 percent? Year Cash Flows 0 -$200,000 1 40.000 2 50.000 3 3 60,000 70.000 O Yes, because the project's IRR is higher than the required rate Yes, because the project's IRR is lower than the required rate No, because the project's IRR is higher than the required rate O No, because the project's IRR is lower than the required rate You are indifferent