You are considering an investment in a clothes distributer. The company needs $106,000 today and expects to repay you $126,00 in a year from now. What is the IRR of this investment opportunity? Given the riskiness of the investment opportunity, your cost of capital is 13%. What does the IRR rule say about whether you should invest? What is the IRR of this investment opportunity?

The IRR of this investment opportunity is ________(Round to one decimal place.)Given the riskiness of the investment opportunity, your cost of capital is13%.

What does the IRR rule say about whether you should invest?The IRR rule says that you

should not invest

should invest

should be indifferent

. (Select from the drop-down menu.)