You are considering an investment that costs $152,000 and has projected cash flows of $71,800, $86,900, and -$11,200 for years 1 to 3, respectively. If the required rate of return is 15.5 percent, should you accept the investment based solely on the internal rate of return rule? Why or why not? Multiple Choice You cannot apply the IRR rule in this case. No; The IRR exceeds the required return. No; The IRR is less than the required return. Yes; The IRR exceeds the required return. Yes: The IRR is less than the required return