Which of the Following Is an Advantage of Internal Rate

Multiple Choice

Which of the following is an advantage of internal rate of return method?

A) Sum of IRRs of individual projects gives an IRR of a combination or portfolio of projects.
B) The percentage returns computed under the IRR method are easy to understand and compare.
C) It can be expressed as a unique number.
D) It can be used when the required rate of return varies over the life of a project.