Question: Select the TRUE statement.A . If a project has an IRR of 9 % , it will be a negative NPV project for a firm

Select the TRUE statement.A. If a project has an IRR of 9%, it will be a negative NPV project for a firm that uses an 8% discount rate.B. Payback period analysis discounts future cash flows based on the companys required rate of return.C. A project will have a higher NPV if a discount rate of 9% is used compared to if a discount rate of 8% is used.D. A project that has a positive NPV will have a profitability index greater than 1.

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