Item$3$

$5$points

Item $3$

If a project has a net present value equal to zero, then:

Multiple Choice

the internal rate of return exceeds the discount rate.

the initial cost of the project exceeds the present value of the project$$s subsequent cash flows.

the discount rate exceeds the internal rate of return.

any delay in receiving the projected cash inflows will cause the project$$s NPV to be negative.

the project produces cash inflows that exceed the minimum required inflows.