-An Investment Has the Following Cash Flows and a Required

Multiple Choice

-An investment has the following cash flows and a required return of 13 percent.Based on IRR,should this project be accepted? Why or why not?

A) No;The IRR exceeds the required return by about 0.06 percent.
B) No;The IRR is less than the required return by about 1.53 percent.
C) Yes;The IRR exceeds the required return by about 0.06 percent.
D) Yes;The IRR exceeds the required return by about 1.53 percent.
E) Yes;The IRR is less than the required return by about 0.06 percent.