Project Evaluation

Walmart is in the process of evaluating a project that has an IRR of $13\mathrm{.}28$ percent, a NPV of $$1,408,$ and a payback period of $2\mathrm{.}76$ years. What assumption can be made about this situation?

Multiple Choice

he required rate of return must be greater than $13\mathrm{.}28\%.$

The break$-$even discount rate must be less than $13\mathrm{.}28\%$

The project should be rejected based on its IRR

The discount rate used in computing the net present value was less than $13\mathrm{.}28\%$