An Investment Has the Following Cash Flows

Multiple Choice

An investment has the following cash flows. Should the project be accepted if it has been assigned a required return of 9.5 %? Why or why not?

A) Yes; because the IRR exceeds the required return by about 0.39 %.
B) Yes; because the IRR is less than the required return by about 3.9 %.
C) Yes; because the IRR is positive.
D) No; because the IRR exceeds the required return by about 3.9 %.
E) No; because the IRR is 9.89 %.