Question

According to the IRR decision rule, you accept a project if: Group of answer choices the...

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

Group of answer choices

the IRR is less than the required return (i.e., cost of capital).

the IRR is greater than or equal to 0%.

the IRR is greater than or equal to 1.0.

the IRR is greater than or equal to the required return (i.e., cost of capital).

None of these are correct.

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Answer #1

the IRR is greater than or equal to the required return (i.e., cost of capital).

Because if cost of capital is greater than irr then NPV is negative

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