You Are Considering an Investment with the Following Cash Flows

You are considering an investment with the following cash flows.If the required rate of return for this investment is 13.5%, should you accept it based solely on the internal rate of return rule? Why or why not? $\begin{array}{ll}\underline{\text { Year }} & \underline{\text { Cash Flow} } \\0& -\$ 12,000 \\1 & \$ 5,500 \\2 & \$ 8,000 \\3 & -\$ 1,500\end{array}$

A) Yes; because the IRR exceeds the required return.
B) Yes; because the IRR is a positive rate of return.
C) No; because the IRR is less than the required return.
D) No; because the IRR is a negative rate of return.
E) You can not apply the IRR rule in this case because there are multiple IRRs.