QUESTION 9 OA. OB. 0000 O C. D. E. A consultant is evaluating an investment for which their client requires a 13 per cent rate of return. The investment costs $58,000 initially and will produce cash inflows of $25,000 for the next three consecutive years. Should they endorse this project based on its Internal Rate of Return? Why or why not? No; because the IRR is 13.65 per cent. Yes; because the IRR is 13.65 per cent. Yes; because the IRR is 13.13 per cent. No; because the IRR is 14.04 per cent. Yes; because the IRR is 14.04 per cent.

A. Nor becative the IRR is 13.65 per cent. B. Yos, because the IRR a 13.65 per cene C. Yes;bocause the IRR is 13.13 per eent D. Noc because the IRK is 14.04 per cent. E. Yec, beratate the IRR is is.04 per cent