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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