If the net present value (NPV) is positive when an investment is discounted at 12% we know that the internal rate of return (IRR) is: Less than 12% Equal to 12% Greater than 12% Greater than 0% Which of the following is not a reason why an organization may choose to lease something versus purchase it? The total present value of payments of the lease option is less than the purchase option Technology is changing rapidly and equipment is becoming obsolete before its useful life is up Generally lease financing is cheaper than the organization's cost of capital None of the above