A project with conventional cash flows has an NPV of -$500, an IRR of 9.5%, and a payback period of 4.2 years. Given this information, an analyst would be justified in concluding that

Multiple Choice

• the discount rate used in computing the NPV was less than 9.5 percent.

• the discounted payback period is less than 4.2 years.

• the project's life is 4.2 years.

• the project should be accepted

• the required rate of return is greater than 9.5 percent.