Utilizing a 6 percent interest rate, the NPV of an investment is calculated to be zero at the end of the term. The purchase price of the investment is $100,000. Which of the following is true?

A. The IRR is 0 percent.

B. The IRR is 6 percent.

C. The IRR is less than 6 percent.

D. The IRR is more than 6 percent.