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Based on the book, Kerzner, H. (2017). Project Management: A systems approach to Planning, Scheduling, and Controlling (12th ed.). or in PMBOK 7th Edition, answer
Based on the book, Kerzner, H. (2017). Project Management: A systems approach to Planning, Scheduling, and Controlling (12th ed.). or in PMBOK 7th Edition, answer the below question: Scenario: You are a member of the project selection committee at the Stravinsky company. The management has defined a hurdle rate (required rate) of 10% as a criterion for selecting a new project. One of the proposed projects has a projected IRR (Internal Rate of Return) of 15%. Question: Only considering the information provided above in the scenario, choose the best answer: a. The proposed project seems a good candidate project selection b. IRR of less than 10% would make for an ideal candidate project c. Comparing the IRR with the hurdle rate provides no meaningful information for the project selection d. The proposed project does not seem to be a suitable candidate project for selection
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