You are considering an investment for which you require a 14 percent rate of return. The investment will cost $85,000 and produce cash inflows of $20,000 a year for 5 years. Should you accept this project based on its internal rate of return? Why or why not?

a. yes; because the IRR is 14.67 percent

b. yes; because the IRR is 14.12 percent

c. yes; because the IRR is equal to 14 percent

d. no; because the IRR is 5.67 percent

e. no; because the IRR is 14.12 percent