A Project Has Cash Flows of -$161,900, $60,800, $62,300, and $75,000

Multiple Choice

A project has cash flows of -$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return is 13 percent. Based on the internal rate of return of ________ percent for this project, you should ________ the project.

A) 9.67; accept
B) 10.41; reject
C) 11.67; accept
D) 10.41; accept
E) 9.67; reject