You are analyzing a project and have gathered the following data:

Based on the internal rate of return of

percent for this project, you should

the project.

one:

a$\mathrm{.}8\mathrm{.}6$; reject

b$\mathrm{.}9\mathrm{.}5$; reject

c$\mathrm{.}11\mathrm{.}6$; accept

d$.12\mathrm{.}5$; accept

$($i want to know why IRR is $11\mathrm{.}6,$ why not $12\mathrm{.}5??)$