Question $100\mathrm{.}5$ pts

Using a discount rate of $12\%,$ you calculate that your firm$$s new project has a Net Present Value of $$0.$ This implies that...

Group of answer choices

a$.$ The project has an $($annualized$)$ expected return of $0\%.$

b$.$ Investing in the project would reduce the value of the firm.

c$.$ The expected future cash flows from this project are $$0.$

d$.$ The project has an $($annualized$)$ expected return of $12\%.$

e$.$ The project is riskier than projects usually invested in by this firm.