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Glossary   >   B   >   "Basic IRR rule" Definition            Basic IRR rule Accept the project if IRR is greater than the discount rate; reject the project if it is lower than the discount rate. It is wise to also consider Net Present Value for project evaluation. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Basic IRR rule - Accept the project if IRR is greater than the discount rate; reject the project if it is lower than the discount rate. It is wise to also consider Net Present Value for project evaluation.