Which of the following statements in regard to the internal rate of return method is false?
A)A project may have multiple internal rates of return.
B)It eliminates the need to calculate the required rate of return.
C)Two sign reversals in the cash flow stream are a necessary condition for two internal rates of return.
D)None of the given options.

Question

Quizplus · Accepted Answer

The internal rate of return method does not eliminate the need to calculate the required rate of return as the required rate of return is often used as a benchmark to determine the attractiveness of the investment.

Which of the Following Statements in Regard to the Internal