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a. The proposal is desirable, and the rate of return expected from the proposal exceeds the minimum rate used for the analysis. b. The proposal

image text in transcribed a. The proposal is desirable, and the rate of return expected from the proposal exceeds the minimum rate used for the analysis. b. The proposal is desirable, and the rate of return expected from the proposal is less than the minimum rate used for the analysis. c. The proposal is undesirable, and the rate of return expected from the proposal is less than the minimum rate used for the analysis. d. The proposal is undesirable, and the rate of return expected from the proposal exceeds the minimum rate used for the analysis

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