Which of the following conclusions about capital budgeting is accurate?

a. Managers have been slow to adopt the IRR because percentage returns are a harder concept for them to grasp.

b. Ideally, businesses should pursue all projects and opportunities that enhance shareholder value.

c. The MIRR is generally the best project criterion to use when making capital budgeting decisions

d. The payback method can reveal how much value the company is creating for its shareholders