Based on the internal rate of return of ____ for this project,you should _____ the project.
A)10.95%; accept
B)10.75%; accept
C)10.44%; reject
D)15.67%; reject
E)16.88%; accept

Question

Quizplus · Accepted Answer

The higher the internal rate of return, the better the investment opportunity. An internal rate of return of 16.88% is relatively high and indicates that the project is expected to generate a strong return on investment. Therefore, the best choice is to accept the project.

Based on the Internal Rate of Return of ____ for This