Which One of the Following Is a Project Acceptance Indicator

Multiple Choice

Which one of the following is a project acceptance indicator given an independent project with investing type cash flows? 

A) Profitability index that is less than 1.0 
B) Project's internal rate of return that is less than the required return 
C) Discounted payback period that is greater than the required return 
D) Average accounting return that is less than the internal rate of return 
E) Modified internal rate of return that exceeds the required return