Question: The net present value of a project is zero. The minimum desired rate of return used to obtain the net present value is 8%. Which
The net present value of a project is zero. The minimum desired rate of return used to obtain the net present value is 8%. Which of the following statements is TRUE?
Group of answer choices
a)The project is desirable if the minimum desired rate of return is 10%.
b) The project is desirable if the minimum desired rate of return is 6%.
c) The project is desirable if the minimum desired rate of return is 6% or 10%.
d) The project is undesirable if the minimum desired rate of return is 6%.
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