$20$

Multiple Choice

$1$ point

You are using internal rate of return $($IRR$)$ to evaluate several alternative investments for your client, Jerry. If Jerry's required rate of return is $8\%,$ which of the following investments should he consider addling to his portfolio?

Investment IRR $=12\%)$

IL$.$ Investment $)=(9\%$

III. Investment $3($IRR $=5\%)$

I and II

Hand FI

Honly

$34$ lonk