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9 An investment has the following cash flows and a required return of 14 percent....

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9 An investment has the following cash flows and a required return of 14 percent. Based on IRR, should this project be accepted? Why or why not? ut of Year Cash Flow -$42,000 1 15,300 2 28,400 3 13,000 Select one: a. No; The IRR exceeds the required return by about 2.9 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 1.53 percent d. Yes; The IRR exceeds the required return by about 2.9 percent

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