A hotel chain is evaluating the desirability of the construction of a new resort. The firm's required rate of return is 18% and the project has been estimated to have a. The project's revenue projections are overly optimistic. b. The resort is expected to generate an internal rate of return that is greater than 18%. c. The payback period is less than 75% of he project's useful life. d. The accounting rate of return is more than 18%