An Investment That Costs $82,000 Is Expected to Reduce Cash

An investment that costs $82,000 is expected to reduce cash operating costs by $27,000 per year for 4 years.Based on the internal rate of return of the investment, should the investment be undertaken if the required rate of return is 9 percent?

A) No, the actual return of 3.04% is less than the required rate of return
B) Yes, because the return of 12% is more than the hurdle rate
C) Yes, because the IRR is more than 30%
D) Yes, because the NPV exceeds the cost by $26,000