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You are considering an investment that has projected cash flows of -$132,000, $51,800, $76,900, and -$15,200 for years 0 to 3, respectively. If the required

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You are considering an investment that has projected cash flows of -$132,000, $51,800, $76,900, and -$15,200 for years 0 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? Select one: a. Yes; The IRR exceeds the required return. b. You cannot apply the IRR rule in this case. uc. No; The IRR is less than the required return. d. No: The IRR exceeds the required return. e. Yes; The IRR is less than the required return

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