How would you describe the MARR in lay terms?

Group of answer choices

a. The minimal rate of return that can be expected when the IRR is < than the analysis period.

b. The minimal rate of return that your company is willing to accept. If the rate of return isn't greater, it's wise to invest money not needed to improve safety elsewhere.

c. The minimal rate of return you can expect on an borrowing money for a project.

d. The maximal rate of return you can expect from an investment.