Question: If a project with conventional cash flows has a profitability index less than one, then: The IRR is greater than the required return. The discounted
If a project with conventional cash flows has a profitability index less than one, then:
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| The IRR is greater than the required return. |
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| The discounted payback period is greater than the project's life. |
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| The payback period is less than the maximum acceptable period. |
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| The NPV is positive. |
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| None of the above |
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