Question 10 of 15 Which is a true statement regarding using a higher discount rate to calculate the net present value of a project? Select the correct response: It is appropriate to use a higher rate if the project is perceived as being less risky than other projects being considered. It will make it more likely that the project will be accepted. It will make it less likely that the project will be accepted It is appropriate to use a higher rate if the project will have a short useful life relative to other projects being considered Question 3 of 15 A positive net present value means that the: Select the correct response: project's rate of return equals the required rate of return. project is unacceptable. project's rate of return exceeds the required rate of return. project's rate of return is less than the cutoff rate