Brian is considering opening a McDonalds in Mumbai. His advisors believe theproject has a net present value of zero. Which one of the following must be true?

A) The project requires no initial cash investment

B) The summation of all of the project's cash flows is zero.

C) The project has a zero percent rate of return.

D) The project's expected cash inflows equal its cash outflows in current (present value) dollar terms.

E) The project has no cash flows.