1. Danyal&Cohasa required rate of return of 15%.If we use the NPV method ,the project A is zero, what does that mean?

   a) Project earns a rate of return of 15%. b) Project's rate of return is less than the minimum rate required. c) Project's rate of return exceeds 15%. d) Project earns a rate of return of 0%.

2. What is the definition of PI? It is related to the future or the current Cash flows?