The internal rate of return (irr): i. rule states that a typical investment project with an irr that is less than the required rate should be accepted. ii. is the rate generated solely by the cash flows of an investment. iii. is the rate that causes the net present value of a project to exactly equal zero. iv. can effectively be used to analyze all investment scenarios. i and iv only ii and iii only i, ii, and iii only ii, iii, and iv only i, ii, iii, and iv

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?