Question: The net present value of a project has been found to be $0. The internal rate of return on the project is 9.6%. If a

The net present value of a project has been found to be $0. The internal rate of return on the project is 9.6%. If a discount rate of 7.0% had been used instead to determine the net present value, then

  • A. The project would have been accepted.
  • B. The project would have been rejected.
  • C. The net present value would have stayed the same.
  • D. The internal rate of return would have changed.

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