The Internal Rate of Return (IRR) Rule Can Be Best

Multiple Choice

The internal rate of return (IRR) rule can be best stated as:

A) An investment is acceptable if its IRR is exactly equal to its net present value (NPV) .
B) An investment is acceptable if its IRR is exactly equal to zero.
C) An investment is acceptable if its IRR is less than the required return, or else it should be rejected.
D) An investment is acceptable if its IRR exceeds the required return, or else it should be rejected.
E) An investment is acceptable if its IRR exceeds its depreciation rate.