If the required rate of return of a project is 15% and the IRR rate...

80.2K

Verified Solution

Question

Accounting

If the required rate of return of a project is 15% and the IRR rate is calculated as 17.5%. Identify from the following the correct decision statement.

a.

Yes we can accept the project if required rate change to 17.6%

b.

None of the options

c.

No we need to reject the project

d.

Yes we can Accept the project

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students