QUESTION 15 XYZ is evaluating a project that would last for 3 years. The project's internal rate of return is 8.90 percent; its NPV is - $2,300; and the expected cash flows are presented in the table. What is X? Years from today 0 2 3 Expected cash flow in $) -75,000 61,000 X 16,000 a. An amount equal to or greater than $3,000 but less than 55.000 b. An amount equal to or greater than $5,000 but less than 57,000 c. An amount equal to or greater than $7,000 but less than $9.000 d. An amount equal to or greater than $9,000 but less than $11,000 e. An amountless than $3,000 or an amount equal to or greater than $11,000