You require an IRR of 14% to accept a project. If the project will yield $12,000 per year for 10 years, what is the maximum amount that you would be willing to invest in the project? Select one: a. Less than $50,000 b. More than $50.000 and less than $60,000 c. More than $60,000 and less than $70,000 d. More than $70,000