Which of the following statements is correct?
A)The modified internal rate of return (MIRR) of a project increases as the discount rate increases.
B)The internal rate of return (IRR) of a project increases as the required rate of return increases.
C)Both IRR and MIRR can produce the multiple rates of return.
D)When comparing two projects, the project with the higher IRR will also have the higher MIRR.
E)Both a and c are correct.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is correct?
A)The modified internal rate of return (MIRR) of a project increases as the discount rate increases.
B)The internal rate of return (IRR) of a project increases as the required rate of return increases.
C)Both IRR and MIRR can produce the multiple rates of return.
D)When comparing two projects, the project with the higher IRR will also have the higher MIRR.
E)Both a and c are correct.

Which of the Following Statements Is Correct