A. It provides a (rough) measure of project risk. B. it is finearly related to the net present value( C. It considers all possible future cash flows of O. It applies conventional discounting procedures to a E. It allows managers of a proposed project. iows. useful lives. the project to anticipated future cash fiow to choose between competing projects with different 24. The difference between the present value of future cash inflows a the present value of future cash outflows of an investment project is the: A. Internal rate of return (IRR) of the project. B. Modified internal rate of return (MIRR) on the project C. Book (accounting) rate of return for the project. D. Net present value (NPV) of the project. E. Modified internal rate of return (MIRR) of the project 25. A 15% internal rate of return (IRR) on a proposed capital investment indicates all of the following except: A The economic rate of return on the project is expected to be 15%. B. Use of a 15% discount rate would result in an estimated project NPV of zero. C. An acceptable capital project if the cost of capital is 16 percent or higher. D. A positive net present value (NPV) if the cost of capital is less than 15%. E. An acceptable project, in a present value sense, if the discount rate is less than 1 5%