Use the MIRR decision rule to evaluate this project; should it be accepted or rejected?
A) -10.60%, reject
B) 10.60%, accept
C) -15.33%, reject
D) 15.33%, accept

Question

Quizplus · Accepted Answer

The MIRR decision rule states that if the MIRR is greater than the required rate of return, the project should be accepted, and if it is less than the required rate of return, the project should be rejected. As the MIRR for this project is 15.33%, which is greater than the required rate of return, the project should be accepted. Therefore, the answer is D.

Use the MIRR Decision Rule to Evaluate This Project; Should