According to the internal rate of return method, a firm should accept

According to the internal rate of return method, a firm should accept a project if the ________.

A) internal rate of return is less than the cost of capital
B) internal rate of return exceeds the cost of capital
C) cost of capital exceeds the internal rate of return
D) internal rate of return exceeds the firm’s cost of debt
E) internal rate of return exceeds the firm’s cost of equity

ANSWER

B