urgent

15 - Which of the following is NOT TRUE about the internal Rate of Return (IRR)? a The acceptance criterion is: if IRR > WACC. then accept b) It is the discount rate which equates the PV of cash inflows with the PV of cash outflows c) At the IRR. NPV of the project is equal to 0 d) It is assumed that every cash inflow obtained is reinvested in projects with a yield equal to the Profitability Index (PI) Leave blank