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When a project has multiple internal rates of return (IRRs): the analyst should choose the highest IRR to compare with the firm's required rate of
When a project has multiple internal rates of return (IRRs): the analyst should choose the highest IRR to compare with the firm's required rate of return (discount rate). the analyst should choose the lowest IRR to compare with the firm's required rate of return (discount rate) the analyst should choose the IRR that seems most "reasonable", given the project's cash flows, to compare with the firm's required rate of return (discount rate) the analyst should compute the project's net present value (NPV) and accept if it is greater than $0
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