Question $2$

A $$25$ investment returns $$27\mathrm{.}50$ at the end of one year with no risk. Given this, you know that the NPV:

is zero at any given discount rate.

is zero if the required return is equal to $10$ percent.

is negative if the required return is less than $10$ percent.

must be positive at any given discount rate.

equals $1\mathrm{.}0$ if the required return is $10$ percent.

uestion $3$

ast saved $11$:$19$:$52$ AM