Question

According to the IRR decision rule, you accept a project if:_________

a) the IRR is greater than or equal to 1.0.
b) the IRR is greater than or equal to the required return (i.e., cost of capital).
c) None of these are correct.
d) the IRR is less than the required return (i.e., cost of capital).
e) the IRR is greater than or equal to 0%.

Answer 1

(d ) .the IRR is less than the required return.