Question: For a project with conventional cash flows, if PI is greater than 1, then: a) The IRR is equal to the firms required rate of

For a project with conventional cash flows, if PI is greater than 1, then:

a) The IRR is equal to the firms required rate of return

b) The project does not pay back on a discount payback basis

c) The NPV is greater than zero

d) The payback period is faster than the firms required cutoff point

e) The required return exceeds the IRR.

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