A Project Has Cash Flows of -$152,000, $60,800, $62,300, and $75,000

Multiple Choice

A project has cash flows of -$152,000, $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, you should ________ the project.

A) 14.67; accept 
B) 13.96; accept 
C) 14.67; reject 
D) 17.91; reject
E) 18.46; reject