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You are given the following information on project A. Based on the IRR Rule, should you accept or reject these projects? Project A Year

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You are given the following information on project A. Based on the IRR Rule, should you accept or reject these projects? Project A Year 0 Cash Flow ($) -40,000 1 15,000 2 28,000 3 5,000 Required Return 12% O No; The IRR exceeds the required return by about 0.06 percent. No; The IRR is less than the required return by about 1.16 percent. O Yes; The IRR exceeds the required return by about 0.06 percent. O Yes; The IRR exceeds the required return by about 1.16 percent.

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