Which Statement Does NOT Accurately Describe the Internal Rate of Return

Which statement does NOT accurately describe the internal rate of return for a project?

A) If the internal rate of return is less than the required rate of return, the project will be rejected.
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 equal to the required rate of return, the net present value of the project is zero.
D) If the internal rate of return is equal to the required rate of return, the net present value of the project is positive.

Correct Answer:

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