Which statement does NOT accurately describe the internal rate of return for a project?

Question

Quizplus · Accepted Answer

Statement D is incorrect as it suggests that if the internal rate of return is equal to the required rate of return, the net present value of the project is positive. However, if the internal rate of return and the required rate of return are equal, the net present value would be zero, indicating that the project would break even. Therefore, Statement D does not accurately describe the internal rate of return.

Which Statement Does NOT Accurately Describe the Internal Rate of Return