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If a project has _________ IRR(s), we should __________ . Assume this project is competing with other projects that the firm is evaluating. A. a

If a project has _________ IRR(s), we should __________ . Assume this project is competing with other projects that the firm is evaluating.

A. a single; accept the project any time IRR > WACC

B. multiple, assume that the highest IRR is correct.

C. multiple, assume that the lowest IRR is correct.

D. multiple, assume that the average of the IRRs is a reasonable estimate.

E. multiple, we should not rely on the IRR criterion.

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