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.
Correct Answer:
Verified
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