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A 10 year finance project calls for an initial investment (cash outflow) today and will generate cash inflows each year for the next 10 years.

A 10 year finance project calls for an initial investment (cash outflow) today and will generate cash inflows each year for the next 10 years. If the project's Internal Rate of Return (IRR) exceeds the firms required return, what can we say about the project?

A.The NPV calculated with the required return will be positive

B.The project should not be accepted

C.The NPV calculated with the required return will be negative

D.The NPV calculated with the IRR will be greater than zero

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