$2$

Multple Choles $6$ points

$"$ A project has a net present value of aera. Which one of the following best describes this project?

L$.$ The project has povitive rate of return

II$.$ The groject's cash inflows eparlits each outflows.

IIL. The summation of all of the project's canh flow is sere.

N$.$ the total of the canh inflom in current terms mast equal the inatial cont of the project.

I and II

II only

ili only

I and IV