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8 2 points eBook Print n Heterences You are considering a project with the following data: Internal rate of return 8.7% Profitability ratio.98 Net present
8 2 points eBook Print n Heterences You are considering a project with the following data: Internal rate of return 8.7% Profitability ratio.98 Net present value -$393 Payback period 2.44 years. Required return 9.5% Which one of the following is correct given this information? Multiple Choice O O O O The discount rate used in computing the net present value must have been less than 8.7%. The discounted payback period will have to be less than 2.44 years. The discount rate used to compute the profitability ratio was equal to the internal rate of return. This project should be accepted based on the profitability ratio. This project should be rejected based on the internal rate of return
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