An investment costing $$25$ returns $$27\mathrm{.}50$ at the end of one year with no risk. Given this, you know that the NPV:

Multiple Choice

equals $1\mathrm{.}0$ if the required return is $10$ percent.

is zero if the required rate of return is $10$ percent.

is negative if the required return is less than $10$ percent.

must be positive at any given discount rate.