Use the MIRR decision rule to evaluate this project; should it be accepted or rejected?
A) 12.00%, reject
B) 31.21%, accept
C) 54.22%, accept
D) 80.67%, accept

Question

Quizplus · Accepted Answer

The MIRR (Modified Internal Rate of Return) decision rule states that if the MIRR of a project is greater than the required rate of return, the project should be accepted. Assuming the required rate of return is less than 31.21%, the project should be accepted.

Use the MIRR Decision Rule to Evaluate This Project; Should