Question: Question text When the initial cost of a project is less than the present value of the cash inflows, then the project should be: Select

Question text When the initial cost of a project is less than the present value of the cash inflows, then the project should be: Select one:

a. accepted because the internal rate of return is positive.

b. accepted because the profitability index is greater than 1.

c. accepted because the profitability index is negative.

d. rejected because the internal rate of return is negative.

e. rejected because the net present value is negative.

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