Lilac Designs has a capital project with a net present value of $1,090, assuming a 10% discount rate. Lilac Designs should

a. use a higher discount rate to generate a net present value of $0.

b. reject the project because the net present value is too low.

c. revise the cash flows to generate a higher net present value before accepting the project.

d. accept the project because the net present value is greater than $0.

Answer rating: 100% (QA)

ANSWER c revise the cash flows to generate a higher net present value before accepting the project T... View the full answer