Based on the internal rate of return of ____ for this project,you should _____ the project.
A)10%; accept
B)17.26%; accept
C)18.40%; accept
D)19.50%; accept
E)9.80%; reject

Question

Quizplus · Accepted Answer

The higher the internal rate of return (IRR) the better, as it represents the expected rate of return of the project. B has the highest IRR of 17.26%, indicating that the project is expected to generate a return higher than the cost of capital.

Based on the Internal Rate of Return of ____ for This