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Which of the following is true regarding the internal rate of return for a project? a. If the internal rate of return is equal to

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Which of the following is true regarding the internal rate of return for a project? a. If the internal rate of return is equal to the required rate of return, the net present value of the project is zero. b. If the internal rate of return is more than the required rate of return, the project will be accepted. c. If the internal rate of return is less than the required rate of return, the project will be rejected. d. Managers may believe (in most cases, incorrectly) that the internal rate of return is the compounded rate of return earned by the initial investment. e. All of these choices are correct

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