Question: What is a practical decision rule for the Internal Rate of Return (IRR)? (a) Accept a project when IRR > 0. (b) Accept a project

What is a practical decision rule for the Internal Rate of Return (IRR)?

(a) Accept a project when IRR > 0.

(b) Accept a project if, at the IRR, NPV is positive.

(c) Reject any project where IRR < 10%.

(d) Accept a project if the IRR exceeds the borrowing rate of interest, or social discount rate.

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