ABC manufacturing company is considering establishment of a new branch and wants to use Net Present Value (NPV) method in capital budgeting to evaluate this investment opportunity. Assume that net present value of this project is zero and the minimum desired rate of retum used to obtain the net present value of zero is 8%. Indicate which of the following statements is correcte ol 1 Select one: O a. The project is undesirable if the minimum desired rate of retum is 6%, b. The project is desirable If the minimum desired rate of retum is 10% O c. The project is desirable if the minimum desired rate of return is 6%. d. The project is desirable if the minimum desired rate of return is oor 10% Time