You Are Considering an Investment with the Following Cash Flows $13.5 \%$

Multiple Choice

You are considering an investment with the following cash flows. If the required rate of return for this investment is $13.5 \%$ , should you accept it based solely on the internal rate of return rule? Why or why not?

A) yes; because the IRR exceeds the required return.
B) yes; because the IRR is a positive rate of return.
C) no; because the IRR is less than the required return.
D) no; because the IRR is a negative rate of return.
E) You can not apply the IRR rule in this case because there are multiple IRRs.