You are considering an investment for which you require a 10 percent rate of return. The investment will cost $55,000 and produce cash inflows of $10,000 a year for eight years. Should you accept this project based on its internal rate of return? Why or why not?

		no; because the IRR is 9.17 percent
		yes; because the IRR is 12.86 percent
		no; because the IRR is 12.86 percent
		yes; because the IRR is 9.17 percent