You are analyzing a proposed project and have compiled the following information: Year Cash flow 0 -$ 80,000 1 $ 25,000 2. $ 35,000 3 $ 40,000 Required discounted payback period 4 years Firm's WACC 10.0 percent Should the project be accepted based on the internal rate of return (IRR)? no; The project IRR is lower than the required return. no; The project IRR is greater than zero. yes: The project IRR is greater than the required return. yes: The project NPV is greater than zero. no; The project IRR is equal to zero